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Topic: Should I expect BTC dump before another fork? (Read 1334 times)

full member
Activity: 210
Merit: 108
October 12, 2017, 08:56:11 PM
#61
I think yes after this sudden pump that we are experiencing today maybe before the second hard fork bitcoin can possibly drop again, but we should not worry because after that it recover again and will surely pump. It's a good thing bitcoin passes $5000 it only means it will appreciate more in the coming years
member
Activity: 116
Merit: 100
I think a good option you can do is put your money to bitcoin, but my advice do not put it all, you can determine how much you will put. Today the bitcoin price has reached $ 5200 and that is the price we are looking forward to, it's like a dream come true, if the same thing happens when the first hardfork, certainly the bitcoin price will continue increase after the second hardfork.
full member
Activity: 518
Merit: 103
I think you should first check your history, whenever there is a fork, people hoard bitcoins, they buy a lot since during the fork Bitcoin will produce a new altcoin, which in turn will give you extra cash. if you check the market now, it is clear that the value of Bitcoin is rising, and this is just before the upcoming Bitcoin gold for this month, then another fork by November, I think it is not likely that Bitcoin will take a dip some time soon, you should also check on what is happening now globally, there are a lot of good news that is happening, though there are still some negativity, like jpmorgab's Jamie dimon saying bad stuffs to Bitcoin again. I think even after the November's fork, there will be no Bitcoin dump, since Bitcoin will establish a new resistance and support, and as far as things goes, it is safe to say that bitcoin's value,  after the two forks will not go down below 4000 usd, again.
legendary
Activity: 1176
Merit: 1024
Should I expect dump before another fork and put my money from crypto to USDT or shall I put everything to BTC ?
I am pretty sure the market itself has answered your question already looking at how things have ended up turning out and I hope you made the right decision. It is much expected anyway looking at what happened in the previous fork and how so many people have learnt from it.

With respect to bitcoin prices, the pumps and dumps are happening but in long run only pumps are conquering at the end. Hence we cannot exepect any long sustaining dumps in near future.
hero member
Activity: 1330
Merit: 569
Should I expect dump before another fork and put my money from crypto to USDT or shall I put everything to BTC ?

Don,t expect a dump to happen before the fork because of a key fact which is the uncertainty that surrounds the fork and to a large extent, this has been cleared via the last experience we had on the BCH fork. At the end of the day, we get to realise that its really not that bad as its being proclaimed. At that point I was equally perturbed but was resolute not to take any decision. This has been cleared now and I feel its the same thing for those who dumped then.

Post the fork is something one should be concerned about because in that even if there is a slight drop from the price but there will be a massive increment eventually.
legendary
Activity: 1442
Merit: 1014
It could be more of some kind of a "sell the news event" imo. 2x will be a no brainer as it has shown these guys have no clue what they are doing.Core had to show Garzik two times how he messes things up. More and more businesses are pulling out of NYA. The majority of the community is against it.
And the Bgold fork doesn't played any big role from the beginning on. The fear of forks is gone. People see it as opportunity to get more money and that's it.
So I wouldn't be surprised if we rally now in advance and see a dump at the actual fork day. So the opposite to what happened last tine when BCH forked.
Just some food for thought.
hero member
Activity: 1274
Merit: 516
The news about hardfork is not too popular, so I dont expect there will be a huge dump, I actually predict more people will buy because they want to get bitcoingold, so I think I will just keep my coin and wont dump or change it to other coin, I expect there will be rising before the hardfork happen
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
Should I expect dump before another fork and put my money from crypto to USDT or shall I put everything to BTC ?
Well I am not expecting any dump after the fork because i think this would be same as the last fork in august. BTW to keep your expectations low in this business is a pretty nice idea because you wouldn't get hurt that much if the price drops. As far i have observed BTC is much reliable investment now so why bother? Better is to keep your calm and hold your BTC, the price will rise again if it falls after the fork.
i am also not expecting any dumb for some time. because people are still too much interested to invest money in bitcoin, and therefore we can expect that the p;rice of bitcoin will continue increasing for next few months, In fact the bearish trend of bitcoin is already over therefore we can only expect a bullish trend for few months.

The current rate is so amazing and bitcoins already crossed to the 5000$ level and this is so fast and maybe we can see the 6000$ to be achieved later on these days. And I'm sure that this pump is not enough since the fork is upcoming and there will be more buy orders to come so expect that there will be more good news and good sight to see for this coin and this is more exciting as days pass on this.
sr. member
Activity: 490
Merit: 256
Should I expect dump before another fork and put my money from crypto to USDT or shall I put everything to BTC ?

I am expecting a dump before the said fork. This has always been a norm and the recent evidence is the hardfork that gave birth to BCH last August 1st. Whales may dump some of their coins that would result a price decline then the panic selling comes next making the price go even lower. Just hold your Bitcoins. If you want to have the alt bonus from that fork, keep your coins in an exchange that supports this fork or to a Bitcoin wallet where you own the private key.
hero member
Activity: 1274
Merit: 513
If the price of bitcoin decrease before fork its better to buy bitcoin because they have possible that you earn big profit once bitcoin recover from dumping or crashing. But as of now the price of bitcoin is very high and for sure it will continue to increase so you csn buy now bitcoin if you want but invest only you can afford to lose because we dont know what will happen to the price in the next few weeks.
member
Activity: 118
Merit: 100
Bitcoin might get unaffected by the Hard fork this time, after Bitcoin Cash people are not affected by such Hard fork. Right now, more and more people are investing in Bitcoin in hope of getting free Bitcoin Gold. Moreover, as seen in the past people expected a BTC dump in the emergence of Bitcoin Cash but it stood strongly at that moment also. Also, generally a dump is seen before one month of coming of Hard fork but one can expect a dump after few days of Bitcoin Gold Fork and before the coming of Bitcoin 2x Fork.

The society generally didn't like the idea of hard for or soft fork. They don't want to see bitcoin falling down and they started to hate fork attempts. All of the fork attempts will be unsuccessful unless they conduct a good marketing.
hero member
Activity: 1078
Merit: 507
Bitcoin might get unaffected by the Hard fork this time, after Bitcoin Cash people are not affected by such Hard fork. Right now, more and more people are investing in Bitcoin in hope of getting free Bitcoin Gold. Moreover, as seen in the past people expected a BTC dump in the emergence of Bitcoin Cash but it stood strongly at that moment also. Also, generally a dump is seen before one month of coming of Hard fork but one can expect a dump after few days of Bitcoin Gold Fork and before the coming of Bitcoin 2x Fork.
full member
Activity: 882
Merit: 100
Should I expect dump before another fork and put my money from crypto to USDT or shall I put everything to BTC ?

Obviously, you can. I think Bitcoin will dump Hardfork times again. That's why you can hold your Bitcoin, or you can put your money in any exchanger for buying Bitcoin. If you have some Bitcoin now, so you can put on a safe wallet. Because after the hardfork you will get free Bitcoin Gold coin.
hero member
Activity: 2212
Merit: 786
Should I expect dump before another fork and put my money from crypto to USDT or shall I put everything to BTC ?
Well I am not expecting any dump after the fork because i think this would be same as the last fork in august. BTW to keep your expectations low in this business is a pretty nice idea because you wouldn't get hurt that much if the price drops. As far i have observed BTC is much reliable investment now so why bother? Better is to keep your calm and hold your BTC, the price will rise again if it falls after the fork.
i am also not expecting any dumb for some time. because people are still too much interested to invest money in bitcoin, and therefore we can expect that the p;rice of bitcoin will continue increasing for next few months, In fact the bearish trend of bitcoin is already over therefore we can only expect a bullish trend for few months.

Though no one can really determine the actual price of bitcoins, we must always consider the existence of "forks" that may happen. On your question, the fork might likely decrease the price of bitcoins, but it may soon regain its value sooner than we speculate. Generally, investors are taking advantage of these forks because this give them the perfect opportunity to invest into bitcoins, thus not actually affecting the price of bitcoins that much. It depends on the risk that you want to take but personally, buy bitcoins after the fork and invest half of it.
sr. member
Activity: 602
Merit: 251
I am a professional Web Designer and Developer
Should I expect dump before another fork and put my money from crypto to USDT or shall I put everything to BTC ?

Yes, you can. I also expect another dump before 2nd Hartfork. And you can put your money form crypto to USD for buying BTC or you can hold BTC for receiving free BitcoinGold. I did it.
sr. member
Activity: 462
Merit: 250
Should I expect dump before another fork and put my money from crypto to USDT or shall I put everything to BTC ?
Well I am not expecting any dump after the fork because i think this would be same as the last fork in august. BTW to keep your expectations low in this business is a pretty nice idea because you wouldn't get hurt that much if the price drops. As far i have observed BTC is much reliable investment now so why bother? Better is to keep your calm and hold your BTC, the price will rise again if it falls after the fork.
i am also not expecting any dumb for some time. because people are still too much interested to invest money in bitcoin, and therefore we can expect that the p;rice of bitcoin will continue increasing for next few months, In fact the bearish trend of bitcoin is already over therefore we can only expect a bullish trend for few months.
copper member
Activity: 1050
Merit: 294
Should I expect dump before another fork and put my money from crypto to USDT or shall I put everything to BTC ?
Well I am not expecting any dump after the fork because i think this would be same as the last fork in august. BTW to keep your expectations low in this business is a pretty nice idea because you wouldn't get hurt that much if the price drops. As far i have observed BTC is much reliable investment now so why bother? Better is to keep your calm and hold your BTC, the price will rise again if it falls after the fork.
hero member
Activity: 2128
Merit: 520
I think Yes because many are taking profits and price will drop

What do you mean dumped I think they will hold until the fork was done as they will love to catch some free btc gold and people are wiser now and learned from what happen the last fork when btc dropped and most whales really enjoy collecting it and get a lots of btc cash as a rewards aside from the huge jumped of the price after the fork.
hero member
Activity: 798
Merit: 509
Leading Crypto Sports Betting & Casino Platform
Maybe that would be the first thing to came to our minds since if you think hardfork is done and the price is so huge and for that we already get some good profits if we sell today and might that would be the mindset came to the other holders to. But in the other case also If you really believe with the bitcoins strength then you must hold it since there are so many pump coming unto the bitcoins and yet this month seems the month that bitcoin gain more price.
full member
Activity: 812
Merit: 142
IF we consider as per last time when hard fork happened there was nothing much effect of it on bitcoin. Infact after the hard fork the prices went continuously up only and due to which people who had hold their coins had actually made the good profits and were rewarded accordingly for holding their coins.
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