Topic: Prediction on why bitcoin could go down? Segwit2 Fork , will it go down or up? (Read 633 times)
November 06, 2017, 04:08:17 AM
Down, I guess it's going to go down.Reason is very simple, because the currency rose from $3700 to $7200 now, don't have any strength to support the currency on the prices continue upward momentum, the bull market has to end.So I think now we can sell some of the bitcoins, maybe buy some ETH, dash and other competitive virtual currencies would be more secure.
November 06, 2017, 03:55:36 AM
I think bitcoin will go down but not that really far down compared to the altcoins who went swimming down after the fork. It might probably drop to a thousand worth or the next time it will go down so far down will be when halving occurs which is I think on year 2020. I personally think bitcoin will still continue to go up until the early months of next year.
November 06, 2017, 03:46:23 AM
Lets discuss the factors that will make bitcoin down or high.
Any prediction on when we can see bitcoin to go down? Like this coming segwit2 fork, Is there a chance to it will go down?
Need to know when to buy and sell to gain.
Any tips when to buy and sell?
What do we expect in the future , Since china is resuming soon. South korea should probably too. Russia regulating crypto on June 2018?
Any other cons and pros to check?
In my opinion, there's a huge possibility that its market value will fall a day before and during the segwit2x and will eventually increase right after the hardfork. Same thing eill happen just like the recent fork, in my opinion. But the best thing to do if ever there'l be declines on its value is to hold and patiently wait until it again increase. Preferrably, you should buy and invest to Bitcoin now since the fork is mot yyet happening. Any prediction on when we can see bitcoin to go down? Like this coming segwit2 fork, Is there a chance to it will go down?
Need to know when to buy and sell to gain.
Any tips when to buy and sell?
What do we expect in the future , Since china is resuming soon. South korea should probably too. Russia regulating crypto on June 2018?
Any other cons and pros to check?
November 06, 2017, 03:42:15 AM
I believe you are asking the wrong question, The real question is will there even be a bitcoin as we know it after the fork, bitcoin core doesn't own the majority hash power anymore because of the bloody NYA agreement, not to talk about the lack of replay protection which might as well shoot bitcoin core in the face, oh and lets not forget the FOMO that ensues every time something goes ever so slightly wrong even though its such a new technology.
Im a huge bull for bitcoin, always, but at times like this when we are so clearly under attack through a corporate and miner take over we have to think: its not about btc's price increasing or decreasing its about conserving the principle that attracts the money in the first place, censorship resistance.
I think we will be okay this coming hard fork, but I don't think price should be anyones main issue. Today is Bitfury, Coinbase, Jaxx, and BitPay; Tommorrow it will be the US, China Russia or Japan...
Im a huge bull for bitcoin, always, but at times like this when we are so clearly under attack through a corporate and miner take over we have to think: its not about btc's price increasing or decreasing its about conserving the principle that attracts the money in the first place, censorship resistance.
I think we will be okay this coming hard fork, but I don't think price should be anyones main issue. Today is Bitfury, Coinbase, Jaxx, and BitPay; Tommorrow it will be the US, China Russia or Japan...
November 06, 2017, 03:23:15 AM
I have to agree with the statement that bitcoin price may go down after the next fork because this recent price which is increasing crazily is the effect of the upcoming fork. Many people buy bitcoin lately because they want to make profit from the fork by holding btc as much as they can.
Once they received what they expect, they will start to sell their btc and the dump may happen. So we should be ready for it.
Once they received what they expect, they will start to sell their btc and the dump may happen. So we should be ready for it.
November 06, 2017, 03:14:03 AM
Just visit bitcoin wisdom website for once to see the difficulty changes throughout time, Every time bitcoin price had increased the difficulty increased soon after, With only a few days delay. After the fork obviously bitcoin hashrate will go down because some of the miners will switch to the other chain for mining, But just like bitcoin cash hard fork and miners switching to that chain bitcoin will remain the longest chain with the highest hashrate, They will see that they made a mistake and switch back, Price won't drop.
November 06, 2017, 03:12:09 AM
We consider below case too:
Bitfinex will be banning US citizens on Nov 9. What do you think? will it go down?
Bitfinex will be banning US citizens on Nov 9. What do you think? will it go down?
No. They will move them to coinbase or to offline wallets. I think a new industry will rise up to takeover what Bitfinex lost. I think BTC is better without them because they probably decided to leave the us market because they couldn’t uphold the tighter regulations.
This is what i thought too. Probably this doesnt have affect at all. THanks for your input.
November 06, 2017, 02:41:04 AM
after fork maybe people start to sell their coins back so it will effected for bitcoin price globally. so do i, i wait for the november fork and then will sell my coins
November 06, 2017, 02:27:13 AM
Lets discuss the factors that will make bitcoin down or high.
Any prediction on when we can see bitcoin to go down? Like this coming segwit2 fork, Is there a chance to it will go down?
Need to know when to buy and sell to gain.
Any tips when to buy and sell?
What do we expect in the future , Since china is resuming soon. South korea should probably too. Russia regulating crypto on June 2018?
Any other cons and pros to check?
Any prediction on when we can see bitcoin to go down? Like this coming segwit2 fork, Is there a chance to it will go down?
Need to know when to buy and sell to gain.
Any tips when to buy and sell?
What do we expect in the future , Since china is resuming soon. South korea should probably too. Russia regulating crypto on June 2018?
Any other cons and pros to check?
Bitcoin price might go down after the fork since demand for the coin will go down, but I read an article that another fork might occur by December. Well forks are really affecting current prices because demand for bitcoin is going high before forks. China's return into trading will also have an effect on bitcoin's price, it may cause to the price to go down once they have all the coins that they possess to circulate the exchanges again.
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November 06, 2017, 02:21:12 AM
In my honest opinion, I think it will go down, a lot of issues are now surrounding S2X, but i will still be hopeful on the possible bounce back of Bitcoin, Selling out Bitcoins after the fork is highly possible. Early 2018 might be bloody on Bitcoin and might be the golden months for alt coins.
November 06, 2017, 02:16:29 AM
Lets discuss the factors that will make bitcoin down or high.
Any prediction on when we can see bitcoin to go down? Like this coming segwit2 fork, Is there a chance to it will go down?
Need to know when to buy and sell to gain.
Any tips when to buy and sell?
What do we expect in the future , Since china is resuming soon. South korea should probably too. Russia regulating crypto on June 2018?
Any other cons and pros to check?
bitcoin will go down after the fork as well as gold and cash. altcoins holder exchange their altcoins to bitcoin to get free money so when fork is finish they will exchange their bitcoins to altcoins again. Any prediction on when we can see bitcoin to go down? Like this coming segwit2 fork, Is there a chance to it will go down?
Need to know when to buy and sell to gain.
Any tips when to buy and sell?
What do we expect in the future , Since china is resuming soon. South korea should probably too. Russia regulating crypto on June 2018?
Any other cons and pros to check?
November 06, 2017, 02:04:58 AM
I think the factors that will make bitcoin down or high. Due to the free money promised Segwit2, so many people buy Bitcoin a lot. But we'll see after the hardfork
November 06, 2017, 01:15:13 AM
On my own point of view, Bitcoin will continue to rise before segwit2, After segwit it will come down but not much i expect btc to fall up to 6k usd..But after 5-7 days it will continue on rising and will reach 10k usd before end of 2017.
November 06, 2017, 01:14:54 AM
We consider below case too:
Bitfinex will be banning US citizens on Nov 9. What do you think? will it go down?
Bitfinex will be banning US citizens on Nov 9. What do you think? will it go down?
No. They will move them to coinbase or to offline wallets. I think a new industry will rise up to takeover what Bitfinex lost. I think BTC is better without them because they probably decided to leave the us market because they couldn’t uphold the tighter regulations.
November 06, 2017, 01:11:22 AM
The hard fork event ends, but the trader will sell the bulk bitcoin because they no longer need to hold it anymore. So the value of the bitcoin will go down dramatically and the value it reaches can be unexpected.
You may be right, but I do not think everyone should sell their Bitcoin, because Bitcoin also has to keep its quality for everyone and will not drop it until it's so low, so it's better to keep it, because Bitcoin's price will be higher. from the previous price in the coming months. 
November 06, 2017, 01:04:18 AM
Any prediction on when we can see bitcoin to go down? Like this coming segwit2 fork, Is there a chance to it will go down?
there is always a chance for bitcoin price to go down. but predicting it is impossible. right now i am expecting some correction which is practically a dip and a good time to buy in the dip and it will probably come before the fork itself. the size will possibly be 10-30% tops and the recovery will also be fast because there are a lot of good news around for the price to jump back up.
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Need to know when to buy and sell to gain.
Any tips when to buy and sell?
buy the dips if you want to maximize your profit, and buy any time if you just want to invest long term and have some money lying around which you don't want to use.Any tips when to buy and sell?
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What do we expect in the future , Since china is resuming soon. South korea should probably too. Russia regulating crypto on June 2018?
Any other cons and pros to check?
there are lots of these things but they all change things temporarily (in short term) and then we will be back to normal rise. Any other cons and pros to check?
November 06, 2017, 12:55:14 AM
Like Segwit first is the birth of Bitcoin Cash. Many are predicting the price of Bitcoin to fall, on the contrary, the price of Bitcoin is doubled. And in my opinion, Segwit2x will also make the price of Bitcoin flying because many people are busy hunting B2X for free.
November 06, 2017, 12:46:38 AM
Most of the people who bought bitcoins before BCH hard fork are just holding their coins expecting the same thing to occur so that they could enjoy another set of free coins.
If it goes as per their expectation,then surely bitcoin price would increase more opposite to their expectation as this hard fork is entirely different from other forks.This fork is also expected by many to replace the legacy bitcoin itself as it has more miner support.
So,if it does not replace bitcoin,then surely bitcoin price would skyrocket.
But if segwit 2x gets enough support and replaces bitcoin by chance,then surely bitcoin price would start falling and it would create a great question even about the survival of bitcoin itself.
If it goes as per their expectation,then surely bitcoin price would increase more opposite to their expectation as this hard fork is entirely different from other forks.This fork is also expected by many to replace the legacy bitcoin itself as it has more miner support.
So,if it does not replace bitcoin,then surely bitcoin price would skyrocket.
But if segwit 2x gets enough support and replaces bitcoin by chance,then surely bitcoin price would start falling and it would create a great question even about the survival of bitcoin itself.
November 06, 2017, 12:42:50 AM
The hard fork event ends, but the trader will sell the bulk bitcoin because they no longer need to hold it anymore. So the value of the bitcoin will go down dramatically and the value it reaches can be unexpected.
some people will sell their bitcoins after the fork but i believed most people will still continue to hold it because they expect that bitcoin will still grow more after a few days or weeks and i heard that there will be another fork happening on december which will result to a new coin to be born again and this could result to another all time high for bitcoins but altcoins is at risk again if that happens.
November 06, 2017, 12:38:28 AM
It's difficult to predict, but we can find some experience from the previous story. At this time, forks were very profitable, as before. We just need to keep our bitcoin in the wallet or the exchange, and we can get the candy. 
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