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Topic: price after segwit? - page 4. (Read 3908 times)

legendary
Activity: 1596
Merit: 1011
July 04, 2017, 08:57:04 AM
#31
I am one of those people who are still worried about what happens when Segwit takes place. Maybe there are still many people in the world who ask how the end result of segwit. We may all become worried until later, a long time waiting for the reality on the 1st of August 2017. We can only wait until that happens actually.
sr. member
Activity: 404
Merit: 251
July 04, 2017, 08:11:24 AM
#30
If segwit is activated,then transactions would be confirmed very soon.Transaction fee would fall down as before.New companies and even retailers would start accepting bitcoin payment due to fast transactions.This would promote mass adoption of bitcoins and it would make bitcoin price to increase high.Even now itself,i am able to send my btc quickly for a transaction fee of 0.0004 btc which was previously 0.0007 btc before two weeks.

Yeah but I don't think the price could be ascertained just like that even though segwits has its own advantages. 

Litecoin's prices dropped significantly after segwit was activated and I guess it was because of the weak network it has which barely handles like 4000 transactions. But who knows for real in the case of bitcoin, maybe people may panic sell bitcoin?
member
Activity: 88
Merit: 10
July 04, 2017, 02:48:53 AM
#29
if SEGWIT is successful, the price will be doubled.
but if failed, the price back to $500.
legendary
Activity: 2758
Merit: 1228
July 04, 2017, 01:43:09 AM
#28
There is no certainty about whether segwit will ever activate but if it does for sure we will see at least a doubling of the bitcoin price. The only thing that could top this kind of news is an ETF approval in my opinion.

You read my mind, and I totally agree with you on this. And everyone would love to see bitcoin double up its price but there is also some downside to it. If it pumps it surely will dump after. And also I don't think the ETF approval is happening anytime soon.

Yeah right since the people mindset if the price will be double is to sell since they actually get the profit they want for that time and maybe this will became the downside of btc and provably the price would get back to its natural level if there would be double up when august 1 cross up. But lets just forget this one since their are a lot of things for us needed to take care off and just enjoy the earnings we can get for today.
hero member
Activity: 686
Merit: 500
July 04, 2017, 01:35:03 AM
#27
If segwit is activated,then transactions would be confirmed very soon.Transaction fee would fall down as before.New companies and even retailers would start accepting bitcoin payment due to fast transactions.This would promote mass adoption of bitcoins and it would make bitcoin price to increase high.Even now itself,i am able to send my btc quickly for a transaction fee of 0.0004 btc which was previously 0.0007 btc before two weeks.
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
July 04, 2017, 12:38:31 AM
#26
The price will double overnight once we have segwit and 2 MB BLOCKS..... You would  be crazy to dump any bitcoins when we are just weeks away

If there is a big block chain and a small block chain you will have a coin on both and you will be able to sell one and buy more of the other if you are quick

I'll be moving to the big blocks chain  myself with all the miners but there maybe some of you who prefer to stay on  a 1mb chain with Luke and that's fine too...

We all gets what we want....  Grin
legendary
Activity: 1288
Merit: 1000
June 12, 2017, 03:05:39 PM
#25
Don't be so overtly optimistic that price after SegWit activation will double or triple. Better expect something totally opposite.
It is wise to thing that there will be mass price drop before SegWit will go live, there is rather high possibility of mass panic.
People will got scared that something will go wrong with this upgrade and they will dump their coins to be safe.
sr. member
Activity: 420
Merit: 250
The All-in-One Cryptocurrency Exchange
June 12, 2017, 01:41:39 PM
#24
There is no certainty about whether segwit will ever activate but if it does for sure we will see at least a doubling of the bitcoin price. The only thing that could top this kind of news is an ETF approval in my opinion.

You read my mind, and I totally agree with you on this. And everyone would love to see bitcoin double up its price but there is also some downside to it. If it pumps it surely will dump after. And also I don't think the ETF approval is happening anytime soon.
sr. member
Activity: 325
Merit: 250
Carpe noctem
June 12, 2017, 12:02:31 PM
#23
Segwit will bring a huge surge in transactions due to the virtually zero confirmation time required to transact in secondary chains. This means that once it locks in I'm 90% sure we're going to skyrocket and never fall back again bcs the productivity of the bitcoin environment will rise sustaining huge trading/exchanging levels.
jr. member
Activity: 46
Merit: 1
June 12, 2017, 11:33:16 AM
#22
without SegWit price is rising to the moon, currently we are close to $3000.
and the demand is strong.

now imagine when SegWit activates and all the things you said come true. no more large backlog, no more higher fees, and no more delays. first thing that will happen is that all the money that went into altcoins will come out with their bubbles bursting. second thing is people who were a bit uncertain will come back and invest. the previous growing demand is also there.

in short if price is not going to $3000 with SegWit it goes to $6000
Being optimistic very much eh? the reason price is increasing like never seen before is because of the banks blocking some of the major exchanges accounts and their clients accounts as well, I predict the price to drop when they solve their issues, and again price being on the move towards $3500/$4500 after segwit is activated.

what banks? and what exchanges? I haven't heard this theory before as a factor for the price increase of BTC. 

Do more research and read more from the forum, there are many speculation that are very good and are not against to split because they surely know about Segwit or segregated witness, but if that is the case I think it is not a split that is gonna occur but it is more on Doubling the amount of bitcoin, but if it goes well I think all of us would surely benefit from it.

Haha, I was referring to the exchange to fiat bank withdrawals comment. But yeah I don't think that is a reason why the price has been rallying. Segwit activating before aug 1st, now that is what needs to happen for trip to the moon.
hero member
Activity: 2128
Merit: 520
June 12, 2017, 07:38:57 AM
#21
without SegWit price is rising to the moon, currently we are close to $3000.
and the demand is strong.

now imagine when SegWit activates and all the things you said come true. no more large backlog, no more higher fees, and no more delays. first thing that will happen is that all the money that went into altcoins will come out with their bubbles bursting. second thing is people who were a bit uncertain will come back and invest. the previous growing demand is also there.

in short if price is not going to $3000 with SegWit it goes to $6000
Being optimistic very much eh? the reason price is increasing like never seen before is because of the banks blocking some of the major exchanges accounts and their clients accounts as well, I predict the price to drop when they solve their issues, and again price being on the move towards $3500/$4500 after segwit is activated.

what banks? and what exchanges? I haven't heard this theory before as a factor for the price increase of BTC. 

Do more research and read more from the forum, there are many speculation that are very good and are not against to split because they surely know about Segwit or segregated witness, but if that is the case I think it is not a split that is gonna occur but it is more on Doubling the amount of bitcoin, but if it goes well I think all of us would surely benefit from it.
surely that all of us really wanted to benefits so whatever happens as long as the traders and investors gain from it for sure we will end the day happy and success, segwit will be a great help if those concerned will be resolve so its a win to win for bitcoiners.
legendary
Activity: 3038
Merit: 1169
June 12, 2017, 06:50:48 AM
#20
without SegWit price is rising to the moon, currently we are close to $3000.
and the demand is strong.

now imagine when SegWit activates and all the things you said come true. no more large backlog, no more higher fees, and no more delays. first thing that will happen is that all the money that went into altcoins will come out with their bubbles bursting. second thing is people who were a bit uncertain will come back and invest. the previous growing demand is also there.

in short if price is not going to $3000 with SegWit it goes to $6000
Being optimistic very much eh? the reason price is increasing like never seen before is because of the banks blocking some of the major exchanges accounts and their clients accounts as well, I predict the price to drop when they solve their issues, and again price being on the move towards $3500/$4500 after segwit is activated.

what banks? and what exchanges? I haven't heard this theory before as a factor for the price increase of BTC. 

Do more research and read more from the forum, there are many speculation that are very good and are not against to split because they surely know about Segwit or segregated witness, but if that is the case I think it is not a split that is gonna occur but it is more on Doubling the amount of bitcoin, but if it goes well I think all of us would surely benefit from it.
hero member
Activity: 703
Merit: 502
June 12, 2017, 05:56:23 AM
#19
Segwit will not activate - currently it isn't even close and the time remaining for activation is falling. UASF is unlikely to succeed and the miner proposal (if you read it) only proposes to increase to 2MB immediately with Segwit activation to follow at a later date (an undefined date - ie never). The miners have no interest in a scaling solution at this time, preferring small numbers of TXs with large fees to many txs with smaller fees

Of course it gets activated!In one way or the other. BIP141, BIP148, BIP149, SegWit2x! So what the hell are you talking about??
One of those options will go through and we will have SegWit!
And when this is the case price will be easily around $5000!!

You sir are deluding yourself - none of these proposals are likely to achieve activation thresholds and it is soon becoming moot. Bitcoins importanace to crypto is falling, I don't think ETH is the answer the DAO experience will have scared businesses away from the idea of accepting ETH for payment, why would you when one man can declare your exchange invalid? But it is clear that other cryptocurrency can quite happily steal bitcoins cake.
full member
Activity: 168
Merit: 100
June 12, 2017, 05:14:18 AM
#18
There is no certainty about whether segwit will ever activate but if it does for sure we will see at least a doubling of the bitcoin price. The only thing that could top this kind of news is an ETF approval in my opinion.
legendary
Activity: 1442
Merit: 1016
June 12, 2017, 05:07:57 AM
#17
Segwit will not activate - currently it isn't even close and the time remaining for activation is falling. UASF is unlikely to succeed and the miner proposal (if you read it) only proposes to increase to 2MB immediately with Segwit activation to follow at a later date (an undefined date - ie never). The miners have no interest in a scaling solution at this time, preferring small numbers of TXs with large fees to many txs with smaller fees

Of course it gets activated!In one way or the other. BIP141, BIP148, BIP149, SegWit2x! So what the hell are you talking about??
One of those options will go through and we will have SegWit!
And when this is the case price will be easily around $5000!!
hero member
Activity: 2240
Merit: 848
June 12, 2017, 04:09:20 AM
#16
i hadn't even heard of the bitfinix thing
hero member
Activity: 924
Merit: 506
June 12, 2017, 02:19:24 AM
#15
without SegWit price is rising to the moon, currently we are close to $3000.
and the demand is strong.

now imagine when SegWit activates and all the things you said come true. no more large backlog, no more higher fees, and no more delays. first thing that will happen is that all the money that went into altcoins will come out with their bubbles bursting. second thing is people who were a bit uncertain will come back and invest. the previous growing demand is also there.

in short if price is not going to $3000 with SegWit it goes to $6000
Being optimistic very much eh? the reason price is increasing like never seen before is because of the banks blocking some of the major exchanges accounts and their clients accounts as well, I predict the price to drop when they solve their issues, and again price being on the move towards $3500/$4500 after segwit is activated.

what banks? and what exchanges? I haven't heard this theory before as a factor for the price increase of BTC. 


yeah thats because it isn't true. It was happening in China, but that got resolved recently. And it wasn't inflating the price, it was keeping it down. China started helping to push Bitcoin up again when China opening back up their exchanges for withdrawals.
So why did the price started to rise and rise and rise soon after wells fargo or something blocked bitfinex accounts? or right now withdrawals are blocked in China? those are good factors of price increase in my opinion. But never the less even if people start dumping for fiat who ever buys from them if holds on to their coins price should recover fast.
hero member
Activity: 703
Merit: 502
June 12, 2017, 02:18:28 AM
#14
Segwit will not activate - currently it isn't even close and the time remaining for activation is falling. UASF is unlikely to succeed and the miner proposal (if you read it) only proposes to increase to 2MB immediately with Segwit activation to follow at a later date (an undefined date - ie never). The miners have no interest in a scaling solution at this time, preferring small numbers of TXs with large fees to many txs with smaller fees
member
Activity: 78
Merit: 10
June 12, 2017, 01:15:13 AM
#13
without SegWit price is rising to the moon, currently we are close to $3000.
and the demand is strong.

now imagine when SegWit activates and all the things you said come true. no more large backlog, no more higher fees, and no more delays. first thing that will happen is that all the money that went into altcoins will come out with their bubbles bursting. second thing is people who were a bit uncertain will come back and invest. the previous growing demand is also there.

in short if price is not going to $3000 with SegWit it goes to $6000
Being optimistic very much eh? the reason price is increasing like never seen before is because of the banks blocking some of the major exchanges accounts and their clients accounts as well, I predict the price to drop when they solve their issues, and again price being on the move towards $3500/$4500 after segwit is activated.

what banks? and what exchanges? I haven't heard this theory before as a factor for the price increase of BTC. 


yeah thats because it isn't true. It was happening in China, but that got resolved recently. And it wasn't inflating the price, it was keeping it down. China started helping to push Bitcoin up again when China opening back up their exchanges for withdrawals.

I think he was talking about Bitfinex. I'd say the issues are already fixed since the BTC price on finex is normal, when it was trading at a 100-200$ premium before.
legendary
Activity: 2632
Merit: 1023
June 12, 2017, 01:04:36 AM
#12
i dont think it matters anymore, the important thing is the dev failed to happen in a timely manner.

In tech that is death. It has allowed ETH and some alts to take the crown or at least undercut the once though unassailable position of BTC
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