Fork gone! BTC to $10k in 2017 guaranteed! - page 2.

John Langut

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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!

That is a good theory. Especially if the Bitcoin Cash had a deliberately lame launch so the creators could scoop them up for less than 0.1 BTC.

Clark05

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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.

tabas

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Quote from: thecodebear on November 11, 2017, 12:44:36 AM

Quote from: tabas on November 10, 2017, 06:48:23 PM

Quote from: John Langut on November 10, 2017, 06:08:26 PM

When Bitcoin Cash pumped in August, Bitcoin didn't fall this hard. That happened a month later, and Bitcoin Cash dropped too.

And when bitcoin cash will drop after it's pump, bitcoin expected to pump. This is how the crypto market goes on, a rally for every coin but at the end of the day bitcoin is always the winner of it.

Exactly. People who have gotten good positions in Bitcoin Cash before or as it was rising will make lots more bitcoin because of the pump. When the profit-taking occurs in the next few days and BCH dumps all that money is going to flow back into Bitcoin. People just making money off the Bitcoin Cash which is a pure trading coin, no usage outside of trading.

That is what suppose to happen after a week or two, people who gained a lot of money with bitcoin cash will be back at bitcoin. And as they are celebrating the bitcoin cash rally, IRS is looking for those people and just monitoring your gains people so be careful about them.

eaLiTy

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

Be careful! The current price of Bitcoin are falling down by the rumor about SegWit2x and Bitcoin Cash can become the next Bitcoin in future. You should to keep calm and wait the confirm from the Bitcoin miners to know that news is real or fake. If that rumor become the truth, I am sure the Bitcoin price will not stop down at here.

I am sure they had to drop the upcoming fork because they did not get the support they were hoping for and now you think that all of a sudden bitcoin cash is the next big thing and it was well under the sea and now someone found out about it. Roll Eyes

Expect a good correction in the price of bitcoin and prepare for the next rally and i am looking forward for that.

sourjain

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Not sure for the BTC price but Bitcoin Cash is king at the moment more than doubled in no time.

MoneyIsDebt

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

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 agree with you. With the price increase like this, the BTC price will reach $ 10,000 at the end of this year

There is no doubt that with the way of popular demand and bitcoin causing curiosity to the masses, about it spiking to 10k by the end of 2017. Hell, it will probably be 10k by the end of this .year. predictions are very much that's it might touch the landmark of 25k in the mid of next year and if this happen this will be the biggest gain for the investors

LoyceV

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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!

VuLDK

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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.

I agree with you. With the price increase like this, the BTC price will reach $ 10,000 at the end of this year

Open4lies

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Quote from: loreykyutt05 on November 10, 2017, 06:54:17 PM

Quote from: bitcoin31 on November 10, 2017, 06:41:51 PM

Even the fork is cancelled theg have bad effect because as of now the price of bitcoin continue to decrease and it's not 6700 dollars and I hope it will increase again the price soon so we can make more profit. But for sure we will see 10k dollars before end of this year 2017. So if you have extra money in your wallet better to buy bitcoin now but invest only you can afford to lose.

yup I think it is a great time to buy some bitcoins today since the price is not that high yet we could use this opportunity to buy some bitcoins and expect a good profit at the end of this year ! 10k usd at the end of the year is very possible to happen so I am taking the risk

Be careful! The current price of Bitcoin are falling down by the rumor about SegWit2x and Bitcoin Cash can become the next Bitcoin in future. You should to keep calm and wait the confirm from the Bitcoin miners to know that news is real or fake. If that rumor become the truth, I am sure the Bitcoin price will not stop down at here.

machinek20

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The time is too short to reach 10k, it will become unhealthy rising for bitcoin and it will got correction if it can up 3k in 1,5 month, so I think the possibility to reach 10k and stablilize in that number need to wait until next year

Sensill

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about BTG and 2x it is only game from china to pump prices and make good income .
bitcoin price may up again if some one start and make Bitcoindiamond , bitcoinmoon ,..............

thecodebear

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Quote from: tabas on November 10, 2017, 06:48:23 PM

Quote from: John Langut on November 10, 2017, 06:08:26 PM

When Bitcoin Cash pumped in August, Bitcoin didn't fall this hard. That happened a month later, and Bitcoin Cash dropped too.

And when bitcoin cash will drop after it's pump, bitcoin expected to pump. This is how the crypto market goes on, a rally for every coin but at the end of the day bitcoin is always the winner of it.

Exactly. People who have gotten good positions in Bitcoin Cash before or as it was rising will make lots more bitcoin because of the pump. When the profit-taking occurs in the next few days and BCH dumps all that money is going to flow back into Bitcoin. People just making money off the Bitcoin Cash which is a pure trading coin, no usage outside of trading.

RenegadeMind

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Only $10,000? Why so bearish? Grin

But seriously, I'd love to see that, but I don't believe it will happen.

loreykyutt05

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Quote from: bitcoin31 on November 10, 2017, 06:41:51 PM

Even the fork is cancelled theg have bad effect because as of now the price of bitcoin continue to decrease and it's not 6700 dollars and I hope it will increase again the price soon so we can make more profit. But for sure we will see 10k dollars before end of this year 2017. So if you have extra money in your wallet better to buy bitcoin now but invest only you can afford to lose.

yup I think it is a great time to buy some bitcoins today since the price is not that high yet we could use this opportunity to buy some bitcoins and expect a good profit at the end of this year ! 10k usd at the end of the year is very possible to happen so I am taking the risk

tabas

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Quote from: John Langut on November 10, 2017, 06:08:26 PM

When Bitcoin Cash pumped in August, Bitcoin didn't fall this hard. That happened a month later, and Bitcoin Cash dropped too.

And when bitcoin cash will drop after it's pump, bitcoin expected to pump. This is how the crypto market goes on, a rally for every coin but at the end of the day bitcoin is always the winner of it.

bitcoin31

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Even the fork is cancelled theg have bad effect because as of now the price of bitcoin continue to decrease and it's not 6700 dollars and I hope it will increase again the price soon so we can make more profit. But for sure we will see 10k dollars before end of this year 2017. So if you have extra money in your wallet better to buy bitcoin now but invest only you can afford to lose.

Hallmader

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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.

I am also setting the target for 2017 at $10,000 per Bitcoin. That is already enough for me. It seems a perfect and reasonable speculation already. If in any case that it will fall short of grabbing the $10,000 resistance, for sure it would be playing around $9,500 more or less. And finally in the earliest days of the year 2018, the $10,000 will finally be hit. But because of the upcoming SegWit2x this December, I think it is going to be an easy $10,000.

bitllionaire

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Quote from: HatakeKakashi on November 09, 2017, 09:42:58 PM

Maybe we see the price of bitcoin become 10k dollars . Because fork is cancelled for sure many investor again buy bitcoin so thr pricr will continue to increase. As of now the ptice of bitcoin is already 7500 dollars and its near to 8k dollars and maybe we see the price of 9k dollars this month of november and the 10k dollars next month of december. So if you have extra money now it's better if you invest now in bitcoin to make some profit.

I want to do a little correction in the information you have mate. Investors were holding bitcoin for the Segwit2x as fork is already over. So it is segwit2x that has been cancelled now, due to wish investors have rushed to the exchanges to sell the bitcoin which is of no use to them now because they were expecting to get a huge profit due to split chain. The bitcoin price is therefore, going down worth at the moment and has gone to $6732. If the investors keep on selling bitcoin like this I am afraid of bitcoin could once again go back to the price around $5000 or may be lesser than it. It will be a great achievement of bitcoin if it gets back its price to $7800.

John Langut

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When Bitcoin Cash pumped in August, Bitcoin didn't fall this hard. That happened a month later, and Bitcoin Cash dropped too.

thecodebear

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Expected correction. Price had gone up >50% past few weeks. Expect a consolidation in the $6000s like it is now, then a renewed push by end of the year towards $10k.

Bitcoin Cash is pump and dump just like in August. Pure speculation. BCH isn't actually used for anything except trading. It's blocks are literally 99% empty. Once traders take their BCH profit they'll move it back into Bitcoin and pop bitcoin goes up a few hundred bucks just from that.

And yeah I agree Bitcoin Core needs to implement a block size increase relatively soon. The fork was only contentious because bitcoin core was against it. It is a needed upgrade for Bitcoin and definitely needs to happen next year. For the time being Bitcoin clients need to start implementing segwit so that blocks are not at full capacity and fees go back down. Segwit transactions are only at like 10%.

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