Author

Topic: rollback bitcoin will it? (Read 268 times)

member
Activity: 98
Merit: 10
October 05, 2017, 01:36:48 PM
#8
Do you think the fork will be beneficial to current BTC owners?
hero member
Activity: 504
Merit: 500
October 05, 2017, 12:39:57 PM
#7
Because the price of bitcoin is not only speculative, but also objective, it increases as investors increase. To Price retreated to the previous level, it is necessary that there was an event that will significantly reduce the number of users, ie, will get rid of bitcoin. While such events on the horizon can not be seen, the upcoming hardcore does not attract such an event.
Significant drawdowns are possible and will be, but not global level.

Factors that surround the movement of the price of bitcoin in both directions goes beyond the singular factor investors losing confidence or some new entrants coming into the game. Over simplifying it will make such narrow conclusion. Other reasons that could cause the issue mostly is based on and because the market is so volatile which means the trust is easily gained so also easily lost and its not necessarily new participants but market players who trade based on the trust in the market at a particular time.
although the investors now become more mature, because for last few months we can see that the investors are giving good support to bitcoin, and that is the reason the we do not saw any big panic selling in the market, instead the investors are giving more support to bitcoin whenever the price start dumping, we say a good recovery of bitcoin price when it fell down to 3000$ in previous  days, but still i think bitcoin need some more mature and devoted traders.
hero member
Activity: 1330
Merit: 569
October 05, 2017, 12:10:37 PM
#6
Because the price of bitcoin is not only speculative, but also objective, it increases as investors increase. To Price retreated to the previous level, it is necessary that there was an event that will significantly reduce the number of users, ie, will get rid of bitcoin. While such events on the horizon can not be seen, the upcoming hardcore does not attract such an event.
Significant drawdowns are possible and will be, but not global level.

Factors that surround the movement of the price of bitcoin in both directions goes beyond the singular factor investors losing confidence or some new entrants coming into the game. Over simplifying it will make such narrow conclusion. Other reasons that could cause the issue mostly is based on and because the market is so volatile which means the trust is easily gained so also easily lost and its not necessarily new participants but market players who trade based on the trust in the market at a particular time.
sr. member
Activity: 378
Merit: 250
October 05, 2017, 11:51:36 AM
#5
Because the price of bitcoin is not only speculative, but also objective, it increases as investors increase. To Price retreated to the previous level, it is necessary that there was an event that will significantly reduce the number of users, ie, will get rid of bitcoin. While such events on the horizon can not be seen, the upcoming hardcore does not attract such an event.
Significant drawdowns are possible and will be, but not global level.

Yes it is, anything is possible in life and with Bitcoin but when you are talking with rollback now maybe it will happen and maybe it will not. We witnessed the rollback last month about the issues with China regulating some things in cryptocurrency world and that Jamie Dimon the CEO of JP Morgan that spread FUD's about Bitcoin and the price of it almost reach from almost $5,000 to $2,900 low.

I think if Bitcoin will not fork this coming Segwitx2 then I can say that it is positive for an another massive increase in price because we see the changes when the August 1 event happened, the Bitcoin price pumps from $2,600 to $4,000.
sr. member
Activity: 742
Merit: 253
October 05, 2017, 11:29:13 AM
#4
While such events on the horizon can not be seen, the upcoming hardcore does not attract such an event.
Significant drawdowns are possible and will be, but not global level.
Its hardfork not hardcore, network might split into two which will give free forked coin to all bitcoin holder at a time of split. So people will buy bitcoin to get those free coin before dumping it hard after the fork.


the loud fork that occurred in August concluded that if when bitcoin breaks up and adds new conin, bitcoin holders will get new coins for free in accordance with the number of coins they have in bitcoin, and be sure that the occurrence if repeated will have the same effect ,
sr. member
Activity: 1274
Merit: 263
October 05, 2017, 11:27:12 AM
#3
well Hardcore is the most entertaining word i ever seen in this forum until now.
 Cheesy
Price increased due to increase of the investors,that is correct.to be exact it's the gas of the car itself.
they will not pump it or the price will not increase if the demand does not increase.
and the price is down not necessarily due to investors,users or something like that.
but instead it's a cycle,if you understand how it works and something called 'accumulate'.
they created something to trigger the holder and make a quick decision without proper research.

like before when chinese goverment banning ICOs and Bitcoin Exchanger to operate their service.
it's not due to lack of demand or something like that,
but instead it's a cycle,
(they're banning it right now,but in the next few months later? they will support it again but,that time every exchanger will be regulated)
sometimes you will see it's in the sky and sometimes you will see it's in the ground.
legendary
Activity: 1218
Merit: 1006
October 05, 2017, 11:17:13 AM
#2
While such events on the horizon can not be seen, the upcoming hardcore does not attract such an event.
Significant drawdowns are possible and will be, but not global level.
Its hardfork not hardcore, network might split into two which will give free forked coin to all bitcoin holder at a time of split. So people will buy bitcoin to get those free coin before dumping it hard after the fork.

newbie
Activity: 8
Merit: 0
October 05, 2017, 11:09:50 AM
#1
Because the price of bitcoin is not only speculative, but also objective, it increases as investors increase. To Price retreated to the previous level, it is necessary that there was an event that will significantly reduce the number of users, ie, will get rid of bitcoin. While such events on the horizon can not be seen, the upcoming hardcore does not attract such an event.
Significant drawdowns are possible and will be, but not global level.
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