Topic: November real test for Bitcoin ? (Read 2818 times)
What I know is on November 10, 2017 at 12PM GMT, the Propthereum ICO crowdsale will run off a decentralized Smart Contract that runs on the Ethereum Blockchain. It is secured with a 256-bit encryption which makes it secure and reliable. Propthereum Tokens will be minted as PTCs. These coins are a digital representation tracking the funding of their ICO and crowdsale. They are divisible units and are designed to have eight decimal digits. The minimum buy which can be represented in the compliant wallets, as mentioned below, is 0.00000001 PTCs.
Hello Guys , i am planning to invest in Bitcoin but after doing some research i found that some experts are suggesting that we can see more fluctuation in the month of November as Bitcoin can have another hardfork somewhere around in Novemeber when Block 494,784 gets mined. Segwit2x Team plans to enable the Bitcoin's miners to run new software at block 494,784 and if its enacted it can create another hardofork for Bitcoin. So what does this means for us investors , worst fluctuation that we saw in the month of July or the prices will only fall to the current level ?
Let me know your thoughts.
EDIT: Guys i guess there is some confusion here about my question. I am not questioning the Long Term Value of Bitcoin. My Question here is that how much price can dip this time before it rockets again. Thanks
You may wait for the price to hit $800... if you don't see $800 then that means you should not buy at all. jajaja! Sorry gringo, I am just goofing around. Honestly, these kinds of questions annoy me very bad. You already did your research about segwit dos x on your own but you weren't enthusiast enough to make your research about the price? Let me know your thoughts.
EDIT: Guys i guess there is some confusion here about my question. I am not questioning the Long Term Value of Bitcoin. My Question here is that how much price can dip this time before it rockets again. Thanks
One more thing gringo, we are at $4,300 today and we still do not see how the price would go on October, so how the hell are we going to answer "My Question here is that how much price can dip this time before it rockets again. Thanks
"I really hate skeptic people specially when it comes to bitcoin. most of all with those who say "Hello Guys , i am planning to invest in Bitcoin but after doing some research blah blah blah"
Keep in mind, we survived August 1... yet you still didn't invest.
thanks for your pissed off opinion. As i have said in my post i am right now preparing my funds to invest other than that i am not skeptical but being realistic even if it goes up good for me because i really want it to go higher and even if it lowers i will pounce on that opportunity too.
Hello Guys , i am planning to invest in Bitcoin but after doing some research i found that some experts are suggesting that we can see more fluctuation in the month of November as Bitcoin can have another hardfork somewhere around in Novemeber when Block 494,784 gets mined. Segwit2x Team plans to enable the Bitcoin's miners to run new software at block 494,784 and if its enacted it can create another hardofork for Bitcoin. So what does this means for us investors , worst fluctuation that we saw in the month of July or the prices will only fall to the current level ?
Let me know your thoughts.
EDIT: Guys i guess there is some confusion here about my question. I am not questioning the Long Term Value of Bitcoin. My Question here is that how much price can dip this time before it rockets again. Thanks
You may wait for the price to hit $800... if you don't see $800 then that means you should not buy at all. jajaja! Sorry gringo, I am just goofing around. Honestly, these kinds of questions annoy me very bad. You already did your research about segwit dos x on your own but you weren't enthusiast enough to make your research about the price? Let me know your thoughts.
EDIT: Guys i guess there is some confusion here about my question. I am not questioning the Long Term Value of Bitcoin. My Question here is that how much price can dip this time before it rockets again. Thanks
One more thing gringo, we are at $4,300 today and we still do not see how the price would go on October, so how the hell are we going to answer "My Question here is that how much price can dip this time before it rockets again. Thanks
"I really hate skeptic people specially when it comes to bitcoin. most of all with those who say "Hello Guys , i am planning to invest in Bitcoin but after doing some research blah blah blah"
Keep in mind, we survived August 1... yet you still didn't invest.
I do not really think there would be anything serious like a huge dip even in November. What could be worse than the great FUD caused by the August fork but that even got bitcoin greater support than one would have imagined. That was a huge test if I must say.
see from the final slope of this end from the impact of China's ban. november nice to buy.
I believe the month of December bitcoin will be pumped until the new year.
Hello Guys , i am planning to invest in Bitcoin but after doing some research i found that some experts are suggesting that we can see more fluctuation in the month of November as Bitcoin can have another hardfork somewhere around in Novemeber when Block 494,784 gets mined. Segwit2x Team plans to enable the Bitcoin's miners to run new software at block 494,784 and if its enacted it can create another hardofork for Bitcoin. So what does this means for us investors , worst fluctuation that we saw in the month of July or the prices will only fall to the current level ?
Let me know your thoughts.
EDIT: Guys i guess there is some confusion here about my question. I am not questioning the Long Term Value of Bitcoin. My Question here is that how much price can dip this time before it rockets again. Thanks
Let me know your thoughts.
EDIT: Guys i guess there is some confusion here about my question. I am not questioning the Long Term Value of Bitcoin. My Question here is that how much price can dip this time before it rockets again. Thanks
This event is not that warm enough right now, so you could still buy and make some profits before it comes. Two months is still a long run for us and you could really play with the price within this month and October. so taking chances right now is not a bad idea and don't wait for the November fork to passed by. You are skipping 2 months of profits and excitement and this is not good for your health.
. Kidding asside, with the events right now many players are surfing with this wave and you'll never wanna see yourself just watching it. Next, if you can really wait, wait until the November FUD, that might make all the weak hands free their coins so the price will absolutely dip ( maybe not below 4k assuming that we had really surpassed the fud created by bans at present. Note that don't wait for the lowest lower dip after the fork, you might miss chances. Like those people after the most recent fork happend this mid year.
If many says November will become a test again for bitcoin I think its really possible to happen in fact even not in November bitcoin can suddenly drop anytime because there is no assurance for bitcoin its unpredictable as we all know but if it will drop in November lower than what we experience last july I think we should take it positively for an opportunity for investment and a chance to have a good earning
It's in a upward trand, will continue to rise again after Nov. hard fork.
There will be no split on bitcoin/BCC so the effect should be much lower than Aug.
May be possible that there will be some fluctuation in bitcoin in the month of November, but I think it will not affect the buying and selling process of bitcoin, because as I have experienced from 2009 till date, there are a lot of changes and fluctuations in bitcoin have occurred but you see the prices and acceptance of bitcoin all over the world. the people have welcomed bitcoin and the same will be continue after November. There will be no split on bitcoin/BCC so the effect should be much lower than Aug.
It's in a upward trand, will continue to rise again after Nov. hard fork.
There will be no split on bitcoin/BCC so the effect should be much lower than Aug.
There will be no split on bitcoin/BCC so the effect should be much lower than Aug.
Don't worry about fluctuation.
It's like 1 August.
No need wait.. I think need buy bitcoin today.
Price will be rise again
It's like 1 August.
No need wait.. I think need buy bitcoin today.
Price will be rise again
I think it is. After the hard fork in November, almost everything will be backed to normal and Bitcoin can easily work without any threats about the block size and the confirmation time. And if Bitcoin is still slow and can not maintain the huge number of people using it, it will be replaced, or become a digital gold, not a digital currency anymore
It has stopped being a digital currency since circa 2011
Before that Bitcoin had been actually used as a digital currency in black markets, i.e. as a means of payment. After that, in 2012, it quickly turned into a mostly speculative asset. In this way, the majority of people are using it for the sake of profiteering, and thus they don't particularly care about the block size and confirmation times since they rarely move their bitcoins around. And Bitcoin cannot possibly become a digital version of gold. Those who claim otherwise just don't really know what gold is actually about. It is certainly not about profits (unlike Bitcoin)
I think it is. After the hard fork in November, almost everything will be backed to normal and Bitcoin can easily work without any threats about the block size and the confirmation time. And if Bitcoin is still slow and can not maintain the huge number of people using it, it will be replaced, or become a digital gold, not a digital currency anymore
The split on August 1 took the exchange rate of Bitcoin from $1,800 per coin to $4,500 per coin. And I am sure that the fork on November will take this from $4,500 to $10,000. I am optimistic about the rates.
If the hard fork takes place,which is unlikely, we are going to have two networks that dividing everything bitcoin presently has and that would include the capitalization and current value. At that the strength for price to that high would have being drained and we shall be having to wait for sometime for whichever is the dominant to gather its momentum before those high prices becomes achievable againIt is really hard to tell what will happen
It is even no less hard to tell what will happen if the fork doesn't happen at all. The price could surge just like it could plunge, the usual bunch, the usual place. If anything, how many people could really envisage that miners would be flip-flopping between mining the regular Bitcoin and the alternative one (Bitcoin Cash) before the August split actually happened and Bitcoin Cash came about with its potential of manipulating the mining difficulty?
The pragmatist in me suspects that most people may be far less focused on the politics of the matter than we are and just want to use whatever is most convenient. It's natural that people will want to use the chain that strikes the best balance between bug-free software (where we have both known and unknown quantities), economic support (that's both users and all the merchants/vendors/businesses/exchanges/etc) and being both secure and convenient to transact on (meaning strong support of both non-mining full nodes and miners). The tricky part is, no one knows for sure which chain that will be yet (but everyone seemingly has their opinion). I'm happy just to wait and see how it unfolds and just go with the flow. Hodl and such.
The split on August 1 took the exchange rate of Bitcoin from $1,800 per coin to $4,500 per coin. And I am sure that the fork on November will take this from $4,500 to $10,000. I am optimistic about the rates.
If the hard fork takes place,which is unlikely, we are going to have two networks that dividing everything bitcoin presently has and that would include the capitalization and current value. At that the strength for price to that high would have being drained and we shall be having to wait for sometime for whichever is the dominant to gather its momentum before those high prices becomes achievable again. Hello Guys , i am planning to invest in Bitcoin but after doing some research i found that some experts are suggesting that we can see more fluctuation in the month of November as Bitcoin can have another hardfork somewhere around in Novemeber when Block 494,784 gets mined. Segwit2x Team plans to enable the Bitcoin's miners to run new software at block 494,784 and if its enacted it can create another hardofork for Bitcoin. So what does this means for us investors , worst fluctuation that we saw in the month of July or the prices will only fall to the current level ?
Let me know your thoughts.
EDIT: Guys i guess there is some confusion here about my question. I am not questioning the Long Term Value of Bitcoin. My Question here is that how much price can dip this time before it rockets again. Thanks
Let me know your thoughts.
EDIT: Guys i guess there is some confusion here about my question. I am not questioning the Long Term Value of Bitcoin. My Question here is that how much price can dip this time before it rockets again. Thanks
I think November hard fork will be much more serious than BCC split and upcoming split will result in huge loss in bitcoin's value. There will be more than a correction wave, it will be a real market crash. Recovering this probably will take up to 6 months
You are spreading doom and gloom
One major pool (F2Pool, if I'm not mistaken) has already revoked their signature from the NY agreement, and likely more pools will follow it in a short while. The effect would be that the second part of the SegWit2x deal won't come to fruition, and thus there will be no hard fork nor Bitcoin split in November. Obviously, Bitcoin2x has no advantage before Bitcoin Cash, which could be loosely dubbed Bitcoin8x, and thus there is no more ground for the existence of the NY agreement. Miners that want bigger blocks can switch to using Bitcoin Cash now instead of waiting till November (if they really want bigger blocks)
Yea November is some kind of test for a bitcoin but it is better to buy bitcoin right now.To wait november is not good because in 2 months btc price can be increased really good and hard fork will not help you to buy bitcoin cheaper than now ,you will more lose then win if you buy in november and if you want you can sell your btc before november and buy it again when it is cheap and then price will go up and again you can sell it if you guess right time and again buy it when price go little down.
Hello Guys , i am planning to invest in Bitcoin but after doing some research i found that some experts are suggesting that we can see more fluctuation in the month of November as Bitcoin can have another hardfork somewhere around in Novemeber when Block 494,784 gets mined. Segwit2x Team plans to enable the Bitcoin's miners to run new software at block 494,784 and if its enacted it can create another hardofork for Bitcoin. So what does this means for us investors , worst fluctuation that we saw in the month of July or the prices will only fall to the current level ?
Let me know your thoughts.
EDIT: Guys i guess there is some confusion here about my question. I am not questioning the Long Term Value of Bitcoin. My Question here is that how much price can dip this time before it rockets again. Thanks
Let me know your thoughts.
EDIT: Guys i guess there is some confusion here about my question. I am not questioning the Long Term Value of Bitcoin. My Question here is that how much price can dip this time before it rockets again. Thanks
I think November hard fork will be much more serious than BCC split and upcoming split will result in huge loss in bitcoin's value. There will be more than a correction wave, it will be a real market crash. Recovering this probably will take up to 6 months.
Yes October and November will be good time to buy. I am waiting for that window myself.
I may be talking out of my Arse here. But when the BCH fork happened i said this cant be good and it ended up being great. We got free coins and price has skyrocketed since. A lot of people had the same feeling as me and some didnt sell Alts for Bitcoin because they wanted nothing to do with BCH. Well when November comes and people already seeing what the BCH fork did, I think it is going to crash the Alt market because people are gonna have FOMO of another round of free coins. Lets say this happens in November and people flock in hoards back to BTC to get their free coin again and every thing goes like the BCH fork. How many times can this happen with a positive result? It would almost start looking like a ponzi scheme. Like a ponzi there would be one time (the last time) where everybody flocks to BTC and then the whales sell into the buying frenzy (because it was so awesome the previous 5 times when we got free coins) and totally crash the price and pull out the rug from everybody. This might be crazy talk here. But greed runs this world and will run Bitcoin also.
Lightning never strikes twice in the same place
Right now most people seem to have missed the opportunity to buy Bitcoin Cash cheap since everyone and his grandma had been expecting that this alternative Bitcoin would quickly kick the bucket. But that didn't happen. Unlike Bitcoin Cash, the new fork has basically nothing to add beyond what the former already got (i.e. large blocks), while people may in fact be inclined to buy in massively. And ironically, this new Bitcoin could actually fall flat on its face and leave many people holding bags full of crap
That would make a new fork for the current bitcoin much more unpleasent than the fork in August.
Today the first bigger mining pool has removed his consent to segwit2x. Maybe some others will follow.
But if enough miners will remove their agreement to stop a fork from happening, that's doubtfull
This is what we should expect
As I said above, miners and corporations behind the NY agreement don't need SegWit, and now when there is Bitcoin Cash still alive and kicking just a day short of its first month, the necessity for this agreement has basically vanished. If anything, it makes more sense for miners to support the existing alternative since it seems to fare quite well so far. Apart from that, I don't really think that the new fork would be a greater threat to the regular Bitcoin. As to me, it would rather compete with Bitcoin Cash than Bitcoin Core
Jump to: