Author

Topic: BTC Price Pumps and Forks (Read 1338 times)

newbie
Activity: 79
Merit: 0
October 25, 2017, 11:46:47 AM
#70
The next one will not have a coin for it? Huh
Will it now? Roll Eyes
Lmao! Wink
hero member
Activity: 910
Merit: 523
October 25, 2017, 11:41:43 AM
#69
I'm not sure if people pumps bitcoin only for free BTG, but bitcoin price seems declined to $5400 right after btg hard fork.
People surely want to get profit at the peak, so it's normal for bitcoin get corrected after reach ATH over $6300.
Give it some time and bitcoin will recover to $6K mark. And the next big thing is 2x hard fork which will be launched on November 18.
Anything but bitcoin will be dumped soon, whether bcash, btg or even btc1.
full member
Activity: 406
Merit: 100
October 25, 2017, 11:34:19 AM
#68
For me an ICO and a fork is not much different. The way to the money might be a little different, but the result is the same. In an ICO people pump money directly into the new currency, which they then receive some of. In a hard fork it is announced that everyone who owns currency A at time T will receive the same amount of currency B. This causes people to buy currency A in order to receive currency B. The price of currency A is then pumped up until the copy of the blockchain has taken place. At this time some of the buyers want out of currency A, as they have received currency B. The result is that people have pumped in cash into currency B, by using A.
yes it is true today is fork bitcoin gold, many people are competing to save bitcoin for a week in hopes to take advantage of ico bonus that will be obtained
full member
Activity: 238
Merit: 100
Medichain: The Medical Big-Data Platform
October 25, 2017, 10:08:35 AM
#67
For me an ICO and a fork is not much different. The way to the money might be a little different, but the result is the same. In an ICO people pump money directly into the new currency, which they then receive some of. In a hard fork it is announced that everyone who owns currency A at time T will receive the same amount of currency B. This causes people to buy currency A in order to receive currency B. The price of currency A is then pumped up until the copy of the blockchain has taken place. At this time some of the buyers want out of currency A, as they have received currency B. The result is that people have pumped in cash into currency B, by using A.
legendary
Activity: 1137
Merit: 1000
October 25, 2017, 08:44:17 AM
#66
Bitcoin have its own market and a lot of users. Altcoin market is small market, which can not affect whole Bitcoin market. Even people, who trade with altcoins can not affect Bitcoin, because Bitcoin is too large. More than 200 000 users make transactions via only Blockchain daily, so may be only large mining or exchange companies can affect some Bitcoin price changes.
In the world of crypto currencies, there is no other coin like that of bitcoin. Bitcoin is no doubt that top ranked coin and there is no match of bitcoin. As far as BTC price is concerned, I think it works on the principle of supply and demand.

Since the demand is very much high now-a-days, that is the reason why we are experiencing this much increase in the market price of bitcoin. This will add more money to the owners of bitcoin.
sr. member
Activity: 420
Merit: 256
اللعنة
October 25, 2017, 12:12:57 AM
#65
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.
That's actually one of the reason why forking happens. The upgrade in the bitcoin network aims to improve the bitcoin itself, including the speed of transaction fees. That's why a new coin is created during bitcoin forking (e.g. bitcoin cash and the incoming bitcoin gold).

On the other hand, it's not the forking that really makes the bitcoin price pump, but the investors and traders themselves. Due to people's expectations that bitcoin forking will result to another coin that is equivalent of the bitcoin an investor is holding, these investors and traders start to sell or trade their altcoins and invest it to bitcoin weeks before the forking. That's why bitcoin price pumps up before and during bitcoin forking and falls down weeks after the forking when they start selling their bitcoins and bitcoin-forked coins. By that time, altcoin prices will rise up as investors are expected to invest again to these altcoins.
hero member
Activity: 3038
Merit: 634
October 24, 2017, 12:18:49 PM
#64
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.

Yes it's due to the upcoming forks, bitcoin gold and bitcoin segwit2x. It really helps the price of bitcoin to pump and so whatever the news is the price of bitcoin will be keep on pumping because of the free coins it made.

The profit that is giving us, we are the ones to decide on where are we going to invest that but the majority is deciding to put it to bitcoin.

And that's why the price of bitcoin is pumping because there's a lot of people that are putting that in buy order.
full member
Activity: 217
Merit: 100
October 24, 2017, 12:13:23 PM
#63
Any school will be at the bitcoin price will be very high, there will be a bitcoin will fall deeply if you are a good analyst you will see the 2016 2016 2017 when the bitcoin price increased to $ 2,000 in the first 6 months At the end of the year, it will be almost equal to the price to adjust the price so you are assured that the bitcoin price can change at any time to balance sales and sales.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
October 24, 2017, 03:30:40 AM
#62
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 upcoming forks are
** the Bitcoin Gold fork
which most people don't even know about to want to do anything about it. but there has been some small effects on the price. obviously some people know and buy because of it but I'd say it is about 10% of the reason why the current rise happened.

** the SegWit2x fork
that one actually is not going to be happy rise at all. I even expect fall because of it but it has not yet started because there is some time left before people start spreading their FUD about it. let 10 more days come and go and I am sure the FUD campaign will start all over the media and price can fall because of it.

now that the first part meaning the bitcoin gold fork has happened (at least the distribution inside exchanges has happened and people buying bitcoin no longer receive the BTG airdrop) we can see that the drop caused by this fork was a little less than 10%, which means I was kind of correct when 10 days ago I said about 10% of that rally was because of BTG.

now we have to wait for the S2X thing to start. things are already changing about it too. with exchanges like Coinbase releasing a "different" type of announcement and generally things like that. now lets see if there is any panic going to start or not. so far there is none.
hero member
Activity: 1680
Merit: 655
October 24, 2017, 03:11:15 AM
#61
200-600$ is not what you called a little money, stocks thats are priced on the level of Bitcoin does not have that kind of range of volatility. And obviously seeing Bitcoin having a strong price pump will result to other cryptocurrency turn red as other traders will off load their altcoins in order to buy Bitcoins in return. The only traders crying blood are the ones who didn't participate the price pump of Bitcoin.
full member
Activity: 476
Merit: 100
October 24, 2017, 03:06:40 AM
#60
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.

yes this is just a coincidence this year bitcoin fork for as many as 2 times in this year, any fork will be very expensive price, we can only take advantage of the opportunity to buy or sell bitcoin when the price is expensive like this.
sr. member
Activity: 435
Merit: 251
October 24, 2017, 02:04:02 AM
#59
Bitcoin have its own market and a lot of users. Altcoin market is small market, which can not affect whole Bitcoin market. Even people, who trade with altcoins can not affect Bitcoin, because Bitcoin is too large. More than 200 000 users make transactions via only Blockchain daily, so may be only large mining or exchange companies can affect some Bitcoin price changes.
full member
Activity: 266
Merit: 122
October 24, 2017, 01:46:27 AM
#58
I cannot blame you if you think the fork influence the price of alternative coins because the idea that if those alts were down the investors will look to other option and that when bitcoin gold and segwi2x come. But the way I see things I think the reason behind the drops of alts is because the value of bitcoin increase rapidly and the market traders are looking for bitcoin instead of alts but when time comes that bitcoin stop increasing for sure the value of alts will back to normal and will surely pump.
member
Activity: 98
Merit: 10
October 24, 2017, 12:51:08 AM
#57
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 observation is quite valid because that is the current trend at this time of what we are facing but simply relying on that as a the main reason for increase in price as wrong although the fork has gone a long way in influencing but before these issues if forks, price has increasing gradually and I am hopeful that after this, it will also show a gradual increase.
You always need to ask yourself the question: "where is the money coming from?". In this case à lot of money is going from altcoins to bitcoin because people want to take advantage of the fork. That's why we saw a power shift to bitcoin the last week. Since the bitcoin gold fork has taken place things are evening out once again.
full member
Activity: 140
Merit: 100
October 24, 2017, 12:44:39 AM
#56
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 bitcoin is decentralized and unorganised, to have different opinions, no government control and even forking is a result of it. Yes, we can’t stopped any intention on forking as it will be not be cryptocurrency if we do that. There might have many more of this but I don’t have any idea of how “many more” means in exact numbers.

After all everyone is lured to have free money”coin”.
sr. member
Activity: 476
Merit: 254
October 24, 2017, 12:30:38 AM
#55
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 observation is quite valid because that is the current trend at this time of what we are facing but simply relying on that as a the main reason for increase in price as wrong although the fork has gone a long way in influencing but before these issues if forks, price has increasing gradually and I am hopeful that after this, it will also show a gradual increase.
hero member
Activity: 1148
Merit: 528
October 24, 2017, 12:21:11 AM
#54
now actively buying bitcoins to get bitcoin gold, after October 24, it will definitely fall in price, all will start buying altcoins. i dont recomended to invest in bitcoins now.
I've read on one web, if hardfork will bring up a new type of coin, because currently bitcoin will issue bitcoingold.will our bitcoin disappear? or even increase with bitcoingold, because I've read will happen some possibilities, such as lost or increased.
Even if bitcoin old in generated in the hardfork, the price for bitcoin will continue rising and bitcoin can never be dumped by any upcoming coins. According to me, bitcoingold will be similar to bitcoincash and will not overtake bitcoin.

Even there are some powerful altcoins like ETH but even they didn't overtake bitcoins and do it is hard for any upcoming coin to do so. But predicting crypto markets is nearly impossible so let wait for it and see the results.
hero member
Activity: 1008
Merit: 510
October 20, 2017, 03:56:10 PM
#53
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.

I’m not so sure that the price increase is due to the upcoming fork. It could be a factor, but we also saw a recent price drop and another increase. This could just be the normal fluctuations of the Bitcoin price. I’ve heard that there is a new exchange opening in South Korea that could be causing an increase in demand for Bitcoin as a new market opens up. Volatility is so common with Bitcoin that I think it’s hard to say that the fork is the reason unless we were just a couple of days before it.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
October 20, 2017, 03:07:18 PM
#52
now actively buying bitcoins to get bitcoin gold, after October 24, it will definitely fall in price, all will start buying altcoins. i dont recomended to invest in bitcoins now.
Yes, the price for bitcoin is much high now so purchasing bitcoins now would prove to be mistake. Many people are purchasing bitcoins to claim their bitcoingold but they are even facing some loss in purchasing bitcoin at such a high price. Bitcoin is surely on its way to success and even if we purchase now, we will have some profit because bitcoin will surely cross $7000 at such speed in some months so it is good to keep investing in bitcoins but by studying various criteria.
member
Activity: 98
Merit: 10
October 18, 2017, 04:59:45 PM
#51
I made money from the Bitcoin Cash fork and I'll be very happy if I also make money from the Bitcoin Gold fork. I'm bothered by the 2x fork though as that has the possibility of losing all my BTC (through lack of replay protection) - I'll be sweating on that day.
member
Activity: 633
Merit: 14
October 17, 2017, 11:09:57 PM
#50
now actively buying bitcoins to get bitcoin gold, after October 24, it will definitely fall in price, all will start buying altcoins. i dont recomended to invest in bitcoins now.
I've read on one web, if hardfork will bring up a new type of coin, because currently bitcoin will issue bitcoingold.will our bitcoin disappear? or even increase with bitcoingold, because I've read will happen some possibilities, such as lost or increased.
full member
Activity: 308
Merit: 105
October 17, 2017, 04:33:29 PM
#49
now actively buying bitcoins to get bitcoin gold, after October 24, it will definitely fall in price, all will start buying altcoins. i dont recomended to invest in bitcoins now.
hero member
Activity: 3080
Merit: 603
October 17, 2017, 04:24:30 PM
#48
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.

For this year there are 3 and the 2 are about to happen and the first one was ended so in total there are 3 for this year. Yes, these forks are really a big help to bitcoin because it was helping bitcoin every time when it comes to pumping. And expecting that the price will be increasing after the next fork on October 25. And the last one on November is so called the real test of bitcoin but still let's trust bitcoin.

Of course the forks seeks to make it better and so we just have to support what eikll be in the interest of bitcoin and not an establishment of a new coin as others are proposing. I'm optimistic a good/successful fork will help pump it's value higher.

Yup we just have to support it even others are saying that this fork will be a scam or nothing to do good in the market. When it comes to development I'm always supporting bitcoin and whatever will be the outcome of it I'm ready and prepared for it but right now I hope these forks will be stopped because there's a big division that's happening for the November fork about Segwit2x.

I believe most people in the speculating market are of the idea that let the fork happen and I get my free lunch from it. May be that is the reason the forks are being called scam by people. If you look into the forks details and why it happened you can get an idea of the development behind it and the reason of it being implemented. There is nothing of scamming here and making theories trying the scare people. Crypto market is based on some risks and if you cant handle those then stay away from it.

Development as it's finest and how many times we did see those hard forks, developers aren't uniting and agreeing for just one bitcoin to support. It's a modded version of bitcoin and they keep on doing nothing but to make these hard forks happening. Yes there's no scam with it but it's a way that they just want to make money base on their own development and still speculation is the one that will fund these hard fork coins.
sr. member
Activity: 770
Merit: 268
October 17, 2017, 11:11:42 AM
#47
Buying and selling bitcoin is kinda playing with fire.Oneday you will give all your profits in strong crash situation. Professional guys can see difference between real uptrend and pump by fat finger.
Intra day trading is like playing with fire in any commodity market, be it stock market, be it forex, be alt-coin. Unless you have insider information, trading with 100% is hard. Here to begin with, why bother on trading the bitcoin on regular basis. Just buy and HODL them. You could only check the market price if you really need the money. Otherwise trading must be kept to those who have better understanding of market, what is happening and what is bound to happen in next few quarter. Like current prices might be pumping up due to bitcoin fork in sight. Thus some who has known this would be busy buying more coins and ready for making that big splash for himself.
legendary
Activity: 1582
Merit: 1059
October 17, 2017, 04:31:34 AM
#46
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.


I don't really think that's related. Bitcoin price is increasing because more and more people are trusting bitcoin. I'm sure you remember what happen to bitcoin with the bcash fork. The price dropped a lot because of fear. Since the bitcoin proved to be stable and capable of handling these forks, that fear is gone.

Of course that we all expect to profit from this fork, like we did with bcash. If they are giving free money to the bitcoins holders, we accept it. But that's not the reason why more people are buying bitcoin and the price is increasing. You don't know how much bgold will be worth on exchanges, so people are buying bitcoin because they see it as a good investment, and they are not just trying to capitalize on this fork.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
October 17, 2017, 04:19:24 AM
#45
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.

For this year there are 3 and the 2 are about to happen and the first one was ended so in total there are 3 for this year. Yes, these forks are really a big help to bitcoin because it was helping bitcoin every time when it comes to pumping. And expecting that the price will be increasing after the next fork on October 25. And the last one on November is so called the real test of bitcoin but still let's trust bitcoin.

Of course the forks seeks to make it better and so we just have to support what eikll be in the interest of bitcoin and not an establishment of a new coin as others are proposing. I'm optimistic a good/successful fork will help pump it's value higher.

Yup we just have to support it even others are saying that this fork will be a scam or nothing to do good in the market. When it comes to development I'm always supporting bitcoin and whatever will be the outcome of it I'm ready and prepared for it but right now I hope these forks will be stopped because there's a big division that's happening for the November fork about Segwit2x.

I believe most people in the speculating market are of the idea that let the fork happen and I get my free lunch from it. May be that is the reason the forks are being called scam by people. If you look into the forks details and why it happened you can get an idea of the development behind it and the reason of it being implemented. There is nothing of scamming here and making theories trying the scare people. Crypto market is based on some risks and if you cant handle those then stay away from it.
full member
Activity: 926
Merit: 100
October 17, 2017, 04:14:43 AM
#44
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.

hardfork done every bitcoin has been very difficult to search blocks by miners, this year alone is 2X this bitcoin do hardfork and generate new coin which bernaam Bitcoincash (BCH) and new coin that will come I heard named Bitcoingold, but this is just info circulating course, for his certainty wait for the date of November 1, 2017 this.
hero member
Activity: 3080
Merit: 603
October 17, 2017, 04:04:21 AM
#43
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.

For this year there are 3 and the 2 are about to happen and the first one was ended so in total there are 3 for this year. Yes, these forks are really a big help to bitcoin because it was helping bitcoin every time when it comes to pumping. And expecting that the price will be increasing after the next fork on October 25. And the last one on November is so called the real test of bitcoin but still let's trust bitcoin.

Of course the forks seeks to make it better and so we just have to support what eikll be in the interest of bitcoin and not an establishment of a new coin as others are proposing. I'm optimistic a good/successful fork will help pump it's value higher.

Yup we just have to support it even others are saying that this fork will be a scam or nothing to do good in the market. When it comes to development I'm always supporting bitcoin and whatever will be the outcome of it I'm ready and prepared for it but right now I hope these forks will be stopped because there's a big division that's happening for the November fork about Segwit2x.
sr. member
Activity: 756
Merit: 253
October 16, 2017, 04:39:26 PM
#42
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.

For this year there are 3 and the 2 are about to happen and the first one was ended so in total there are 3 for this year. Yes, these forks are really a big help to bitcoin because it was helping bitcoin every time when it comes to pumping. And expecting that the price will be increasing after the next fork on October 25. And the last one on November is so called the real test of bitcoin but still let's trust bitcoin.

Of course the forks seeks to make it better and so we just have to support what eikll be in the interest of bitcoin and not an establishment of a new coin as others are proposing. I'm optimistic a good/successful fork will help pump it's value higher.
hero member
Activity: 1470
Merit: 509
October 16, 2017, 04:28:40 PM
#41
Buying and selling bitcoin is kinda playing with fire.Oneday you will give all your profits in strong crash situation. Professional guys can see difference between real uptrend and pump by fat finger.
hero member
Activity: 3080
Merit: 603
October 16, 2017, 04:21:56 PM
#40
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.

For this year there are 3 and the 2 are about to happen and the first one was ended so in total there are 3 for this year. Yes, these forks are really a big help to bitcoin because it was helping bitcoin every time when it comes to pumping. And expecting that the price will be increasing after the next fork on October 25. And the last one on November is so called the real test of bitcoin but still let's trust bitcoin.
full member
Activity: 588
Merit: 100
October 16, 2017, 04:09:18 PM
#39
We cannot predict what will just happen in the future. As for bitcoin is still unstable, I think that is the reason why forks are being held. But that is just only my opinion. And I have observed that bitcoin's price is having an upward trend, while alts are still not moving.
sr. member
Activity: 742
Merit: 251
October 16, 2017, 12:04:41 PM
#38
we just wait and do not know for sure when hadr fork will happen again but this makes us feel happy and disappointed where prices soared but altcoin decreased. the price difference will be felt when through 25 october
Yeah you are right the bitcoin is not able to predict and the value of bitcoin is increasing time to time. If we will invest the low income in the bitcoin and then we sell our bitcoin then we will not be able to take the proper benefit of the bitcoin, the voice of the people is to have the money to wait till the value of the bitcoin will be more than this. The panic selling the foolish decision ever so I think it is very good to hold and be patient for the long time.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
October 15, 2017, 06:42:25 PM
#37
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.

You're right it's because of the upcoming fork and that's the reason why there are so many traders that are cutting some of their alt coins and selling it because of the 2 hard forks to come. The price of bitcoin is pumping because everyone is buying bitcoin so that makes the demand of bitcoin higher that is making the price of it reached another all time high.
hero member
Activity: 756
Merit: 505
October 15, 2017, 06:30:59 PM
#36
Most of people see correct after btcgold fork,i agree.Than we have that seagwit2x fork.I already saw posts how diffrent btc chains will like to kill each other to be only one btc.Now thay use word kill,i think seagwit2x fork can be used for deeper correction
It only makes sense for the market to correct after the gold fork, if the recent all time high is the result of people anticipating on this 'airdrop' by buying Bitcoin ~ that's something I don't think is happening right now.

SegWit2x poses an actual threat, and for that reason might end up taking the market down prior to the fork date, and even afterwards if everything turns out to be a complete chaos.

For now, I see the SegWit2x fork as the last major obstacle for Bitcoin to overcome. I seriously hope that the closer we come to the fork date, the more miners will end up withdrawing themselves from their initial agreement.

Yeah, prices will surely go down a few days before the segwit2x happens. This is really the trend with bitcoins, it usually drops before something speculatively bad happens like back when the fork for BCH and segwit was a looming mystery. I don't think this situation will be any better. The best course of action is sell when it's high then buy back when it goes down.
legendary
Activity: 1526
Merit: 1179
October 15, 2017, 06:26:04 PM
#35
Most of people see correct after btcgold fork,i agree.Than we have that seagwit2x fork.I already saw posts how diffrent btc chains will like to kill each other to be only one btc.Now thay use word kill,i think seagwit2x fork can be used for deeper correction
It only makes sense for the market to correct after the gold fork, if the recent all time high is the result of people anticipating on this 'airdrop' by buying Bitcoin ~ that's something I don't think is happening right now.

SegWit2x poses an actual threat, and for that reason might end up taking the market down prior to the fork date, and even afterwards if everything turns out to be a complete chaos.

For now, I see the SegWit2x fork as the last major obstacle for Bitcoin to overcome. I seriously hope that the closer we come to the fork date, the more miners will end up withdrawing themselves from their initial agreement.
Pab
legendary
Activity: 1862
Merit: 1012
October 15, 2017, 05:53:17 PM
#34
Most of people see correct after btcgold fork,i agree.Than we have that seagwit2x fork.I already saw posts how diffrent btc chains will like to kill each other to be only one btc.Now thay use word kill,i think seagwit2x fork can be used for deeper correction
hero member
Activity: 849
Merit: 507
October 15, 2017, 05:46:31 PM
#33
I only care about seeing bitcoin going up, at the moment i am not holding any altcoin, only bitcoin, but maybe i will buy some altcoins in the near future. but i am waiting until bitcoin reaches a fair price so i can sell my coins, but i am being very worried about this situation, i think that the price will drop a lot after that the fork is done, and this is caused because of the fork, it is obviously that everybody is buying bitcoin only to receive bitcoingold at the end of the month, and this is why the price is going up so quickly-
sr. member
Activity: 2366
Merit: 332
October 15, 2017, 04:06:49 PM
#32
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 seems as if the fork is going to be with bitcoin because we just had one in August. The fork even makes bitcoin more popular, maybe it is what it is made for. It hypes bitcoin and we are seeing the increase tremendously.

Well lets wait and see.
hero member
Activity: 2968
Merit: 687
October 15, 2017, 03:45:49 PM
#31
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.
What would be normal was to dump the "old" fork when this is done to get better new technology. What  we are seeing with BTC is the creation of forks with nothing new to add besids more volatility and crazyness to this market. People are enjoying all the "free" money, just hope it won´t backlash and really damage BTC.
I cant really see any changes on these Fork thing which bitcoin does still remain regarding on confirmation or fees matter which i do question whats actually the purpose on those things and same as you said those things are just really adding up the hype to make bitcoin and altcoins price do zig-zag. If you do short trading then for sure you would earn money if you did ride on the right time.
sr. member
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October 15, 2017, 03:32:17 PM
#30
All of this action is good for the Bitcoin network. If it's an attack like a fork then that'll just strengthen the Bitcoin network in the end, it won't actually have any real long term damage to the network.
sr. member
Activity: 686
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October 15, 2017, 03:22:28 PM
#29
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.
What would be normal was to dump the "old" fork when this is done to get better new technology. What  we are seeing with BTC is the creation of forks with nothing new to add besids more volatility and crazyness to this market. People are enjoying all the "free" money, just hope it won´t backlash and really damage BTC.
sr. member
Activity: 630
Merit: 251
October 15, 2017, 03:14:11 PM
#28
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.
Yeah, i think the sudden overwhelming demand of bitcoin occured due to upcoming possiblity of bitcoin gold fork.
People are engaged in pursuit of more and more btc, hence traders predict its position will be at peak.
I am in hope of its continueous increase after fork so that we can take sufficient profits from it.

Exactly, after the fork will the price of btc still increase? Maybe yes, but how much and until when? If the price after the fork plummets or become stagnant will we expect another fork by the next month? Will it be a trend so people will hoard as much bitcoin as possible.
This is the sure thing that after every dump there is a pump that takes prices to the extreme level and example is here china decision created a fork and prices go down to the 3000$ and now pump occurs due to user demand increase and price are at 5000$ and still counting on and this path will lead more toward the more high prices.
full member
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October 15, 2017, 11:05:19 AM
#27
Because of the upcoming forks, most altcoins will be seeing red this days. But we just have to be patient brothers. Once traders dump their forks, alts price will jump up again.
sr. member
Activity: 812
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October 15, 2017, 10:58:07 AM
#26
I'm not sure if there will be another fork but I do know there was a runored fork on November. And yeah everytime there is a fork, BTC's price pumps a few weeks before the fork making altcoins turn red then afterwhich it'll dump around the fork time or after.
sr. member
Activity: 924
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October 15, 2017, 10:38:05 AM
#25
Hardfork is changing some bitcoin mining's laws and fee that makes bitcoin better/ bad in operation. If the forKS disagree, it will be bad for bitcoin and if they agreed based on some term then bitcoin will get pump. Like what happened in August this year when we have hardfork, bitcoin get pump because sigwit was activated after this a great agreement to change mining's laws. When should not pray for regular hardfork as op suggested because the more negativeserious one we have the more bitcoin get dump. We cannot continue have positive  one.For bitcoin to go mainstream we most work for its price stability and reliability. Many big investors will like to invest in bitcoin but are afraid of the way price fluctuate.
hero member
Activity: 616
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October 15, 2017, 10:22:04 AM
#24
I also believe that the price pumps of bitcoin is because of the forks because they know that they need to put some money in order to gain profit from holding bitcoin for long term and they can also get free money because if they will hold bitcoin in a valid wallet then they can get bitcoin gold or the forked coin and that is how they make free money.
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October 15, 2017, 09:36:19 AM
#23
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.
Yeah, i think the sudden overwhelming demand of bitcoin occured due to upcoming possiblity of bitcoin gold fork.
People are engaged in pursuit of more and more btc, hence traders predict its position will be at peak.
I am in hope of its continueous increase after fork so that we can take sufficient profits from it.

Exactly, after the fork will the price of btc still increase? Maybe yes, but how much and until when? If the price after the fork plummets or become stagnant will we expect another fork by the next month? Will it be a trend so people will hoard as much bitcoin as possible.
sr. member
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October 15, 2017, 08:46:05 AM
#22
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 number of forks can't be decided like this or in the number that's limited. It's on going development to blockchain which decides the ultimate fate of the bitcoin forks. The price is obviously deoendent on it for the reason which people get panicked during the fork implementation. This time people are in the want of free bitcoin gold and that's why everyone is trying to put the money into bitcoin and the rates are so high now. There will be time when few of the investors from big group will be dumping coin out of fear which will then share the prices to downward movement. It's a game we should learn to play.
hero member
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October 15, 2017, 06:54:40 AM
#21
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.

Well bitcoin isn't really for short term trading in the first place. If you're dealing with btc, expect long term hold but secure profits if you have the patience. Dealing with altcoins would be your best shot if you're day trading
legendary
Activity: 3024
Merit: 2148
October 15, 2017, 06:24:53 AM
#20
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.

This sounds like a conspiracy theory and if you'll think more about it it won't sound very plausible. First, you can't just create value out of thin air, making a fork is extremely easy, it's just a copypaste job with a few small tweaks - any programmer can do it. This means that the starting value of a forked coin is near-zero - to start creating value you first need to invest money into advertising - hire paid shills to promote your fork on social media, place some articles, twitter bots, etc. etc. Then you have to spend your BTC on pumping your fork on exchanges - otherwise it will get dumped to zero quickly. Also don't forget that there are many other people who hold BTC and can profit from selling both BTC and forks from your pump attempts. So, it's quite a risky business with not really high returns.
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October 15, 2017, 05:31:35 AM
#19
it really makes sense here, their will be free money and expect bitcoin to increase and it will reach all time high. sad to say all alts are on bleed. i hope all alts will pump very soon. i dont want to see my portfolio its so bad right now
sr. member
Activity: 406
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October 15, 2017, 05:30:56 AM
#18
I do not believe that bitcoin is the gold price will have. We have all seen that bitcoin cash shows no signs of life. Why should men of the same coin? Just because you give it for free? Maybe it's a new tactic? Before to sell a large number of bitcoins announce a fork and arrange the pump. Spend a few cents on a gift coin and earn $ 1,000 for each bitcoin.
sr. member
Activity: 602
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October 15, 2017, 05:18:35 AM
#17
More of a situation where everyone wants to stock up BTC just before the fork and as a result of this the demand is seemingly high which in turn makes the price keep going upwards. With Bitcoin Gold ans SegWit2x around the corner, expect the price is go above $6k just by the buy-ins for the pre-forks. Other than the forks, China's influence over Bitcoin trade and its price is almost eradicated and Bitcoin is still holdings its own, which is a big indicator that manipulation by countries can never cause the demise of cryptocurrencies.
full member
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October 15, 2017, 05:12:00 AM
#16
we just wait and do not know for sure when hadr fork will happen again but this makes us feel happy and disappointed where prices soared but altcoin decreased. the price difference will be felt when through 25 october
legendary
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October 15, 2017, 04:40:37 AM
#15
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.
Yeah, i think the sudden overwhelming demand of bitcoin occured due to upcoming possiblity of bitcoin gold fork.
People are engaged in pursuit of more and more btc, hence traders predict its position will be at peak.
I am in hope of its continueous increase after fork so that we can take sufficient profits from it.
legendary
Activity: 2716
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Once a man, twice a child!
October 15, 2017, 04:18:56 AM
#14
History and experience are the best of teachers. The result of the BCH birth from the August fork actually benefited the people as bonuses were handed over in form of the new coin. Hence, it is the reason many are still hoarding and pilling more Bitcoin without fear of any dump. If the past fork experience had been negative, Bitcoin would've seen an unparalleled dump this period.
full member
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October 15, 2017, 04:18:44 AM
#13
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 price always depends on the plug, and we saw perfectly that if there is any world event, then there is a plug, everything is interconnected. For beginners, the price of bitcoin is now too high to invest, but more and more people are interested. And so this is not the price, this insanity drives out all competitors.
legendary
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Where is my ring of blades...
October 15, 2017, 04:08:16 AM
#12
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 upcoming forks are
** the Bitcoin Gold fork
which most people don't even know about to want to do anything about it. but there has been some small effects on the price. obviously some people know and buy because of it but I'd say it is about 10% of the reason why the current rise happened.

** the SegWit2x fork
that one actually is not going to be happy rise at all. I even expect fall because of it but it has not yet started because there is some time left before people start spreading their FUD about it. let 10 more days come and go and I am sure the FUD campaign will start all over the media and price can fall because of it.
hero member
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Vave.com - Crypto Casino
October 15, 2017, 02:58:06 AM
#11
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.

You have made a simple and better explanation of why the bitcoin price is soaring.

Expectations and speculations are key to driving a commodity or product either high or low and in this light , the incoming fork is responsible for this.

Equally, yes in economics, once a product is being requested for in high proportion, this will lead to an increase on the value of the product. So, many people are expecting the fork and thus, converting whatever cryptos they have to bitcoin so as to benefit maximally which is making the sale of bitcoin at this moment difficult. This is likely to continue till the fork comes.
sr. member
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October 15, 2017, 01:52:39 AM
#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.

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.
full member
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October 15, 2017, 12:44:08 AM
#9
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.
sr. member
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October 13, 2017, 05:54:23 PM
#8
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
hero member
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October 13, 2017, 05:41:23 PM
#7
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.
sr. member
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Vave.com - Crypto Casino
October 13, 2017, 04:02:46 PM
#6
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.
legendary
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October 13, 2017, 03:31:29 PM
#5
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.
legendary
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October 13, 2017, 08:33:47 AM
#4
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.
member
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October 13, 2017, 08:22:27 AM
#3
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.
hero member
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October 13, 2017, 08:05:32 AM
#2
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.
member
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October 13, 2017, 07:02:04 AM
#1
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.
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