Topic: Could Segwit2x make BTC drop in price? (Read 276 times)
I hate all this cheesy FUD. Even when you try to understand what is going on there is a lot of wrong informations out there. It's so political, everything is done so that you can't make rational decisions.
Well the last two days has seen a significant price drop already so maybe this is a sign that segwit2xmay take some of the limelight like Bitcoin cash did. As these forks are created, they are stealing some of the marketcap that could belong to Bitcoin or other prominent platforms like Ethereum. No one can predict the future but Bitcoin is the main store of value at the moment and Banks like RIPPLE.
Just wondering what peoples thoughts are about the upcoming fork and what it will do to BTC prices? If the miners start adopting 2x over BTC, then surely that would make BTCs price plummet and 2x price go the other way? Is this more of a gradual change?
Thanks,
Thanks,
For the most part, it seems like miners don't have enough information to come to any conclusion about 2x. There is very little info out there for anyone looking into it and it has led a lot of people to believe that the forked coin is just another scam.
If the fork creates a currency that will best bitcoin (which I doubt heavily), then the miners will slowly start to adopt the other coin instead of bitcoin. It should give everyone enough time to move their holdings over accordingly.
Just wondering what peoples thoughts are about the upcoming fork and what it will do to BTC prices? If the miners start adopting 2x over BTC, then surely that would make BTCs price plummet and 2x price go the other way? Is this more of a gradual change?
Thanks,
Thanks,
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