Topic: Price BTC after SegWit2x? - page 2. (Read 2420 times)

I think it will fall to $2500 to $3200, when there was the drama involving china the price fell below $ 3600, this time the subject is much more serious and the panic will be greater. so I do not expect price above $3600

I also saved some money to buy when it's time for the general panic


You're not taking the segwit2x problem seriously, see the discussion on reddit.

https://www.reddit.com/r/Bitcoin

thats too much but anything is possible in the market, in my opinion we will not go down and will continue to reach $5000 if it surpass that value i will be amazed and new investors are still not late to join the train.

The price will reach $ 5000 in a short time, this is because users are getting more optimistic with the future of bitcoin, I will buy before the price goes up because there is still a chance to get bigger profit again.

With google's participation in bitcoin transactions, this will make other companies interested in transactions using bitcoin. If this happens then bitcoin prices will increase, I think at the end of the year will reach 5000 dollars.

Segwit2x fork won't be like Bitcoin Cash fork but might have severe impact on the market if there isn't enough support and can even leads to a split, if the consensus on either side remains almost equal. There is an air of uncertainty right now. Though 144 companies claim they will eventually update to support SegWit, at press time, the percentage of transactions using SegWit is growing slowly, and still in the single digits.

It is still early to talk about the impact on price as the role out of Segwit2x is itself uncertain. There would be different scenarios depending upon the support and hence different impacts on price.

Yeah your right because last we experience segwit we feel the big declining price of bitcoin in the market, but afterward it was increase immediately. We cannot says if this segwit are give a good or bad effect to the crypto currency industry, because I know that it happen again many users or people in bitcoin community were less trust in this coin together with the digital currency

Nobody can predict that what would be the price aftger SegWit2x because the fork can cause huge decline or huge rise in the price. I myself expect that the price will not have a sudden rise but it will increase gradually, but to be honest i am not sure about it. As seeing the past scenario, after SegWit lock in the price was increased gradually and sets new benchmarks, same as we are expecting for this one.

It's becoming increasingly likely that a chain split will occur, though. BTC1 developers are definitely doubling down by hiding their 2X service bit to prevent Core nodes from disconnecting from them pre-fork. Surprisingly, we still aren't seeing miners defect from the New York Agreement, and Peter Smith (Blockchain.info), Erik Voorhees (Shapeshift.io), Tony Gallippi (BitPay) and others seem to doubling down on their pro-2x/anti-Bitcoin rhetoric as well.

Tony Gallippi‏ yesterday, for instance:

That's some harsh FUD...

I don't think that near $3500.
Also BTCGPU will be good because many people can mine this coin with GPU farm

$6000 is not that far though. Assuming Segwit2x doesn't affect or cause any splits then we can say that the price would be atleast near $5000 before its even implemented. If it does cause some major split then the price might fell to $3500 but it will not go beyond it. Most hodlers are aiming for $6000 by the end of the year and if Segwit2x does cause a problem then they will try to normalize the price at $4000-4500. But then again let us just hope for the best.

It would be hard to predict price of Bitcoin after SegWit2x because there are several things that can affect that which can not be predicted. Also there will be difference if hard fork happens or not. But because this is speculation section, we should speculate.

At the moment price of Bitcoin is around 4300 dollars. I think that it will rise a bit more, until maybe one weak before SegWit2x. In that moment people are going to panic a bit, and they will probably sell their Bitcoins. Because of that price will go down, but it will not go down like it did after 1st of August when it reach 3000 dollars. No, it will go down to maybe 3500 dollars, but not bellow that. After that it will rise again, and by the end of the year it will stay around 5000 dollars.

I personally think 6000 is a bit too far for BTC considering where it's been looming right now. Depending on where it goes in the time between now and segwit2x, I think BTC price will hit anywhere between 5000 and 5500. I think this gives it some considerable space in terms of a price range, but also offers a decent rise from the people who purchase more bitcoin.

That's good. The fact that the bitcoin community is very much random people is bad enough but on the other hand such people are protecting us from the tyranny of the single currency. Any monopoly is bad. If there are more lucrative offers that miners and developers will have to negotiate. we will only get profit.

BCC fork was heavily promoted by Bitmain, ViaBTC and Bitcoin.com.
Therefore there are at least 3 mining pools that were involved in the previous fork.

Besides, many pools just mine the most profitable coin - irrespective of their
support of a specific cryptocurrency.

I generally agree with that various scenarios are possible and the price depends on what users and companies decide. My prediction is only a little bit different, because I think there is a difference between the scenario "Core wins" (more bullish) and "Segwit2x wins" (a little bit more bearish):

1) Bitcoin Core "wins" because not enough hashrate (less than 65-70%) changes to Segwit2x: This is the easiest one - Segwit2x will then be marginalized fast (it may even die because the big blockers already have "Bcash" as their favourite toy), Bitcoin's price should be not affected or even increase - that would depend on market conditions.
2) Segwit2x attracts 65-85% hashrate for more than a week, but Bitcoin's original chain keeps being usable (e.g. because new hashrate steps in): In this case we could see a long fight. I predict that this will throw back the whole Bitcoin movement and I don't rule out prices below $1000 for that scenario - for both chains.
3) Segwit2x attracts over 80-85% of the hashrate for a long time and the original Bitcoin chain becomes unusable because of that. It is very likely that the Core team will then implement a "nuclear option" hard fork. This would, however, mean that the "Corecoin" will most likely become the altcoin of both. If the Segwit2x coin gains acceptance and becomes then the "real Bitcoin", I predict its price will be lower than now because of the uncertainty regarding a new and stable development team, and because some "idealists" will leave Bitcoin.
4) Very unlikely: Segwit2x "wins" the battle like in the previous scenario, but the Core team grudgingly accepts to continue to help with development. This would be bullish, perhaps even more than the first scenario.

Only time will tell if that really possible, but miracles do happen to those who believe in it.

It just a quote for a person who do predict the August fork and now is expecting after the November fork price will be at 6000$. I don’t see anything wrong anyway on that and exaggeration might be present but only a 500$ cut is enough.

So it’s 5500$ as I think it is but it needs much greater news or good news for the bitcoin community to reach a much higher price than that. Example: PayPal will accept bitcoin conversions. It might not be true but if this will really happen the price will soar to the moon in no time.

So, you are the prophet? Even January 2018 is 'after' segwit2x hard fork, the time range should be specific, maybe bitcoin price in November.
Nothing for sure in bitcoin world due to the volatility driven by bad or good news about bitcoin development which lead to speculation.
I guess bitcoin struggle to reach $5000 again, if it could be achieved in this month, maybe bitcoin could reach $6000 in the next month.
But, if bitcoin price can't reach $5000 in this month, or before segwit2x be activated, the best price to be expected in November is $5000.

There is a million dollar bet between Charlie lee and Roger Ver regarding the price of after the fork and which coin will reign supreme ,these are all debates which is to be seen in the future and one will win the bet and earn or loose 250 bitcoins ,only time will tell as i am not good at predictions,i hope the price wont crash after the fork.

But what do you think the price of Bitcoin if it affected by the FUD in that time? In my opinion, I think SegWit2x will make the price of Bitcoin drop down in next time, at least the price of Bitcoin will drop ~20-30% is possible.

Bcc fork involved a lot of influential people, but didn't involve the miners. This fork will be different. The miners control the hashing power and hence the network. So it is not straightforward.