Fork gone! BTC to $10k in 2017 guaranteed!

thecodebear

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Quote from: 1NV3ST0NM3 on November 26, 2017, 01:39:08 PM

Seems like your prediction is getting true quite early. Never seen such a drastic increase in the value of bitcoin. The best part about this increase is that along with the value this time the market capitalization has also increased too much. In past month the market capitalization increased 1.5 times. It reached 150 Billion USD today while just a month ago it touched 100 Billion USD after 8 long years.

Yup looks I was right when I started this thread. Never thought we'd be knocking at the door of $10k during November though!

People are getting excited about futures opening the way for BIG money to start rolling in next year through hedge funds and ETFs. We should probably get used to months where Bitcoin gains $3000 or more.

LoyceV

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Quote from: BitcoinPanther on November 13, 2017, 04:28:53 PM

the given scenario can be avoided if the person is knowledgeable about his stuff. It would be a dumb move if we keep on holding when we saw that Bitcoin is failing and the new cryptocurrency is emerging.

It's an even dumber move to fall for the fork, suddenly panic-sell all your Bitcoins because of FUD, and hand the fork-guys exactly what they want: your money!
A fork is no "new technology"!

Quote from: Silberman on November 16, 2017, 02:27:22 PM

This is why despite the fact I do not believe in bitcoin cash at all I still keep holding it, just in case they are able to get their goals of replacing bitcoin, I know that the odds of that happening are very low but I’m not going to take any risk, it was difficult to not sell by BCH with the huge prices it reached in the past days but I prefer to have an insurance that I’m not going to lose money in the future.

This way FOMO can make it an self-fulfilling prophecy to overtake a leading coin.

Quote from: 1NV3ST0NM3 on November 26, 2017, 01:39:08 PM

Never seen such a drastic increase in the value of bitcoin.

Obviously, absolute price increases get bigger when the price goes up, but you have to look at relative increases to put it in perspective. Take a look at https://bitcoinaverage.com/en/bitcoin-price/btc-to-usd, select All-time, and select Log-view. You'll see Bitcoin went up much faster several times in the past.

1NV3ST0NM3

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Seems like your prediction is getting true quite early. Never seen such a drastic increase in the value of bitcoin. The best part about this increase is that along with the value this time the market capitalization has also increased too much. In past month the market capitalization increased 1.5 times. It reached 150 Billion USD today while just a month ago it touched 100 Billion USD after 8 long years.

Mr.Anonymous

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Quote from: Silberman on November 16, 2017, 02:27:22 PM

Quote from: LoyceV on November 11, 2017, 01:34:18 PM

Quote from: Open4lies on November 11, 2017, 10:52:55 AM

The current price of Bitcoin are falling down by the rumor about SegWit2x and Bitcoin Cash can become the next Bitcoin in future.

If that is true, it's like a trick to take your Bitcoins from you. Imagine this:
Before Bitcoin Cash, you had 1 Bitcoin. After the fork, you had 1 Bitcoin and 1 Bitcoin Cash.
Now imagine you sold the 1 Bitcoin Cash for 0.1 Bitcoin, you now have 1.1 Bitcoin!

Fast forward to the future, where Bitcoin Cash is the most popular one that is called Bitcoin, and the current Bitcoin is called Bitcoin Smallblock. Say your 1.1 Bitcoin Smallblock is only worth 0.2 of the new Bitcoins, but you want in, and convert them.

In this scenario, the fork-scum made you turn your 1 Bitcoin into 0.2 Bitcoin, without you ever wanted to sell them!

This scenario not necessarily going to happen, but keep in mind that Altcoins, ICOs and Forks are designed for only one goal: convince you to give your real money to whoever created the alt!

This is why despite the fact I do not believe in bitcoin cash at all I still keep holding it, just in case they are able to get their goals of replacing bitcoin, I know that the odds of that happening are very low but I’m not going to take any risk, it was difficult to not sell by BCH with the huge prices it reached in the past days but I prefer to have an insurance that I’m not going to lose money in the future.

Bitcoin Cash can compete with Bitcoin in a time, but if the devs of Bitcoin accept to improve the Bitcoin system again, I am sure the Bitcoin Cash teams never has chance to pass Bitcoin. Bitcoin has a huge supporters on worldwide. Most of the users of cryptocurrency also used Bitcoin at least once.

Silberman

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Quote from: LoyceV on November 11, 2017, 01:34:18 PM

Quote from: Open4lies on November 11, 2017, 10:52:55 AM

The current price of Bitcoin are falling down by the rumor about SegWit2x and Bitcoin Cash can become the next Bitcoin in future.

If that is true, it's like a trick to take your Bitcoins from you. Imagine this:
Before Bitcoin Cash, you had 1 Bitcoin. After the fork, you had 1 Bitcoin and 1 Bitcoin Cash.
Now imagine you sold the 1 Bitcoin Cash for 0.1 Bitcoin, you now have 1.1 Bitcoin!

Fast forward to the future, where Bitcoin Cash is the most popular one that is called Bitcoin, and the current Bitcoin is called Bitcoin Smallblock. Say your 1.1 Bitcoin Smallblock is only worth 0.2 of the new Bitcoins, but you want in, and convert them.

In this scenario, the fork-scum made you turn your 1 Bitcoin into 0.2 Bitcoin, without you ever wanted to sell them!

This scenario not necessarily going to happen, but keep in mind that Altcoins, ICOs and Forks are designed for only one goal: convince you to give your real money to whoever created the alt!

This is why despite the fact I do not believe in bitcoin cash at all I still keep holding it, just in case they are able to get their goals of replacing bitcoin, I know that the odds of that happening are very low but I’m not going to take any risk, it was difficult to not sell by BCH with the huge prices it reached in the past days but I prefer to have an insurance that I’m not going to lose money in the future.

thecodebear

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Yup Bitcoin crash is over, it lasted all of a week from crash start to getting back to the mid-7000s price before the crash. Quickest recovery ever haha. Should break 8000 this month and be on the way to testing $10k in December.

Mehedi72

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Just agreed with you mate. Bitcoin again cross 7k$ more and now 1 Bitcoin equals around upto 7.4k US Dollar. Always believe in bitcoin and the price of bitcoin is raising so fast and if the price continue to growing in this way then i think bitcoin obviously can hit 10,000$ or more in the end of this year or beginning of February

BitcoinPanther

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Quote from: LoyceV on November 11, 2017, 01:34:18 PM

Quote from: Open4lies on November 11, 2017, 10:52:55 AM

The current price of Bitcoin are falling down by the rumor about SegWit2x and Bitcoin Cash can become the next Bitcoin in future.

If that is true, it's like a trick to take your Bitcoins from you. Imagine this:
Before Bitcoin Cash, you had 1 Bitcoin. After the fork, you had 1 Bitcoin and 1 Bitcoin Cash.
Now imagine you sold the 1 Bitcoin Cash for 0.1 Bitcoin, you now have 1.1 Bitcoin!

Fast forward to the future, where Bitcoin Cash is the most popular one that is called Bitcoin, and the current Bitcoin is called Bitcoin Smallblock. Say your 1.1 Bitcoin Smallblock is only worth 0.2 of the new Bitcoins, but you want in, and convert them.

In this scenario, the fork-scum made you turn your 1 Bitcoin into 0.2 Bitcoin, without you ever wanted to sell them!

This scenario not necessarily going to happen, but keep in mind that Altcoins, ICOs and Forks are designed for only one goal: convince you to give your real money to whoever created the alt!

the given scenario can be avoided if the person is knowledgeable about his stuff. It would be a dumb move if we keep on holding when we saw that Bitcoin is failing and the new cryptocurrency is emerging. Failure to adopt means distruction or being extinct, and in an investors term, it is being bankrupt and lose profit with the capital during the transition.

Ingoats

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Quote from: thecodebear on November 08, 2017, 01:06:34 PM

The uncertainty and general possible mayhem of the fork was the only thing standing in the way of $10,000 BTC by end of 2017. Now with the fork removed I think we are guaranteed to hit it in December.

How high do you think it'll go before end of year? If Bitcoin keeps its average pace this year it'll hit $11,000 roughly on the last day of the year.

Honestly, I think Bitcoin will be a great factor for te marketvalue of Bitcoin to increase since that's what happened last August weherein from 2800$ up to 4200$ within a short period of time. And as we can see, the value of bitcoin dropped after the cancellation so in my opinion this ia bad news and also makes Bitcoin to reach 10000$ before this year end, not possible.

dmamigo

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Quote from: Doell on November 13, 2017, 01:43:03 PM

since the news of this suspended fork keeps the bitcoin price down considerably ,we are aware of the decline due to this incident but december the end of the year is targeted to come to the moon, speculation is coming to reach the good price for now the price rises slightly

The price went down, but now its started to stabilize before another pump within the year end. BCC might be getting pumped but its short time and already the pump has reached I guess because we saw a fall of BCC,and with Bitcoin we will see atleast $8500-$9000 mark before the year end and might be it will hit $10000 within the first 2 weeks of January.

diouf67

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Quote from: thecodebear on November 08, 2017, 01:06:34 PM

The uncertainty and general possible mayhem of the fork was the only thing standing in the way of $10,000 BTC by end of 2017. Now with the fork removed I think we are guaranteed to hit it in December.

How high do you think it'll go before end of year? If Bitcoin keeps its average pace this year it'll hit $11,000 roughly on the last day of the year.

Although the uncertainty of the fork certainly would have a negative effect on the price the overall fork was having a positive effect. It was a potential solution to bitcoins issues as well as attracting investors because of the potential 'free' coins they could receive.

MiLkz

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is there an actual reason for it to hit 10k by the end of the year?

Doell

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since the news of this suspended fork keeps the bitcoin price down considerably ,we are aware of the decline due to this incident but december the end of the year is targeted to come to the moon, speculation is coming to reach the good price for now the price rises slightly

thecodebear

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Now that the Bitcoin crash has reached its low point and started rebuilding for another pump in the coming weeks, and BCH pump and dump scheme is over and its bleeding away back to its normal value, it's time to get excited for a BTC run to $10k this next month and a half!

Silberman

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Quote from: player514 on November 08, 2017, 01:37:59 PM

Quote from: thecodebear on November 08, 2017, 01:06:34 PM

The uncertainty and general possible mayhem of the fork was the only thing standing in the way of $10,000 BTC by end of 2017. Now with the fork removed I think we are guaranteed to hit it in December.

How high do you think it'll go before end of year? If Bitcoin keeps its average pace this year it'll hit $11,000 roughly on the last day of the year.

I find it so odd that they took out the fork because it seemed so crucial -- there was such a build up to it and now it's gone before everyone expected to sell. We'll probably have a load of panic sellers right now trying to get the most out of this bubble that they tried so hard to ride up.

Should maybe drop down by a 500-1000 dollars. In the past few minutes that I've been keeping up with the price, there has been a drop of around $300. I'm not too worried though; it's probably better for the longevity of BTC to not have too many forks like these especially ones that seem like an attack more than anything.

In my opinion it is possible the miners knew from the very beginning they were not going to create that fork, they knew the price of bitcoin will go up and they were going to benefit greatly from it and that will suppress the price of alts that they can now get for cheap, to me this seems like a major insider job, they are earning lots of money and they are also attacking bitcoin at the same time.

cpfreeplz

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I think we'll see an increase in price if we stop seeing these forks and/or potential forks because newbies just don't understand it at all and it scares them to invest in something that's so beyond their realm of understanding. It's not free money if you're paying a 30% premium on your coins because of fake hype lol!

shesheboy

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Quote from: Clark05 on November 11, 2017, 06:39:08 PM

Even the fork is gone they have possibility the price will decrease because as of now we experiencing the price of bitcoin decreasing the price and thats very sad but I believe it will recover again and we will see the price of 10k dollars before end of this year 2017.

yeah your right, bitcoin will still guaranteed to decrease because that is its nature due to volatility though it can still increase and pump on the future because more people are still buying and investing on it and there's still upcoming forks and segwit on the future therefore it can still cause for the bitcoins value to increase.

tonlong

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Quote from: HollowIP on November 11, 2017, 08:04:41 PM

I really hope so bitcoin can reach $10k end of this year, we are currently got fud by bch but I believe btc is the king

BTC prices have fluctuated quite a bit this month. I think it would be awesome to look back on this moment when BTC is $10000 end of this year.

orions.belt19

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Quote from: Clark05 on November 11, 2017, 06:39:08 PM

Even the fork is gone they have possibility the price will decrease because as of now we experiencing the price of bitcoin decreasing the price and thats very sad but I believe it will recover again and we will see the price of 10k dollars before end of this year 2017.

I expect there to be a price correction or for the price to go down even if the upcoming fork was cancelled or suspended. The price has been increasing rapidly for the past months so it's bound to get low at some point. A lot has been preparing for this fork and with the fork cancellation, it's hard to tell where the price would go from here. I'm not quite sure if we could hit $10,000 by the end of the year because rumors and FUDs could still appear left and right and affect the price negatively.

HollowIP

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I really hope so bitcoin can reach $10k end of this year, we are currently got fud by bch but I believe btc is the king

Topic: Fork gone! BTC to $10k in 2017 guaranteed! (Read 2744 times)