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Topic: Thoughts on the next fork? (Read 803 times)

member
Activity: 286
Merit: 10
October 09, 2017, 04:31:00 PM
#48
What are you guys predicting will happen before/after the next fork?

I think that the technology of smart contracts will develop.
full member
Activity: 322
Merit: 100
October 06, 2017, 02:19:32 PM
#47
Not sure if you are referring to Bitcoin gold (soft fork) or Segwitx2 (hard fork). Segwitx2 posses a very real threat since it does not aim to serve as an alternate coin. Segwitx2 is going to call themselves Bitcoin as well, would be a bloody fight in my opinion if the fork come to pass. Market movement probably will be an upward trend all the way until either Segwitx2 fork happens or not.
sr. member
Activity: 490
Merit: 258
October 06, 2017, 02:03:54 PM
#46
What are you guys predicting will happen before/after the next fork?
I assume that BTC price will fall after the fork because the people will go back to their recent altcoins (assuming that they only moved to / bought bitcoins to get free btcgold); Anyway, the price fall won't be permanent because late adapters will most likely buy bitcoins in the dip. Geez, it's hard to tell huh. ha ha ha. But one thing is kinda certain to happen, people will sell bitcoin gold to get more bitcoins.
legendary
Activity: 994
Merit: 1000
October 06, 2017, 01:56:29 PM
#45
I don't think there will be any big dump or correction on price this time as hype for forked coin is almost zero and people have already seen hard fork on august, they are being optimistic about outcome from fork rather than being fearful.
member
Activity: 84
Merit: 10
October 06, 2017, 12:43:17 PM
#44
The problem of this fork is that the possibility to create another criptocurrency is too too high. Bitcoin is not a democracy. Everyone runs the code they want to run. Someone else running an incompatible version of the protocol is not a "corporate takeover". You can just run the code you want to run. if bitcoin isn't resilient to people running incompatible versions of the protocol, no amount of social pressure will keep it secure.
hero member
Activity: 1078
Merit: 501
October 06, 2017, 08:31:25 AM
#43
What are you guys predicting will happen before/after the next fork?
I think bitcoin price will dump again, just like what happen the last time fork, but we all don't know the exact date and time, but for sure it will dump again, but I think it will still recover, and I don't know if it will recover as fast just like the last time hard fork, maybe it will hard for the next time to rise again.  Huh
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
October 06, 2017, 08:27:39 AM
#42
so far it only seems to me that people like to talk about the fork rather than the fork really have any effect on anything. and at some point it won't be able to have any effect at all.
this i believe is mainly because of the fact that we already had a huge decline in price which lead to this recovery and a strong resistance on the way down which is in fact pushing the price up at this moment.
full member
Activity: 2044
Merit: 181
★Bitvest.io★ Play Plinko or Invest!
October 06, 2017, 07:51:47 AM
#41
What are you guys predicting will happen before/after the next fork?

hard fork this coming november are the new trial for bitcoin cryptocurrency i think last hard fork august 1 are people nave lesson from the fork split decision people panicking due to bitcoin goes falling down i believe bitcoin strongest than other and stand in his on foot until the end of decision in the incoming fork in november.
hero member
Activity: 2646
Merit: 686
October 06, 2017, 07:39:33 AM
#40
What are you guys predicting will happen before/after the next fork?

Well it's a tricky situation for all, every time a fork comes it creates panic and excitement. Panic cause how will it effect the Bitcoin network, I feel Bitcoin might just go down a little but this time it could even be stronger than it was before. Then I feel many could be excited to cause like last time they would be able to claim free Bitcoins. That's why every one is seeing this good, but I don't like fork and I do hope Bitcoin doesn't get much effected.
full member
Activity: 364
Merit: 130
October 06, 2017, 07:30:47 AM
#39
the price of bitcoin should high before the fork, cause there's alot of people want to get a free coin from bitcoin. Even the price are dump a little,

It should made a big buy wall before 25 october. I thought they dont want to lose other free money just like bitcoin cash fork. but let see, what's

happen before and after the segwit2x hardfork.
legendary
Activity: 1904
Merit: 1073
October 06, 2017, 07:10:43 AM
#38
Everyone seems to be worried about the Bitcoin price, when they should rather be worried about the hashing power that are

re-directed to the mining of these forks. If this goes on and we have several of these forks, the total hashing power will

decline faster than it is added, because it is split up into smaller forks. People will not jump between the chains, but rather

dedicate miners to mine these coins, because the difficulty will be low and it will be profitable. If you want to worry about

something, worry about the impact it will have on mining.  Angry
full member
Activity: 154
Merit: 100
October 06, 2017, 05:47:04 AM
#37
In my opinion, this coming fork if there is really one for the bitcoin gold, same thing will happen. It is just like normal days, bitcoin will still be bitcoin. Bitcoin's price may dip that i tink is because of some people who are going to panic selling but give it a few weeks price will come back up. Few months after price will be back at 5k as more people still patronize bitcoin than the other coins and because of this more and more will jump aboard. So by the end of the year i think price will reach 6-7k if not then it will be sometime february or march. Hopefully it breaks through 5k then we will see a major boost.
legendary
Activity: 3038
Merit: 1169
October 06, 2017, 05:13:41 AM
#36
hello
maybe this time the price will not go down before the fork because people will change all the alts they have to btc to benefit from it and also will buy before the fork.
before bcc in august we did not know how btc will react and price droped to 2000 but today i think it is different



I really think it can still drop significantly because we could never know if there would users that needs to convert or sell their bitcoin because they will need Fiat for their needs or there would still a number of people that are still panicking because of this Hard Fork or the not unfamiliarized with this kind of event or newbies that didn't know what happen to the recent Hard Fork.
legendary
Activity: 1806
Merit: 1521
October 06, 2017, 04:50:29 AM
#35
It will all be a repetition of what happen when the first fork occurred. People will be buying and stockpiling bitcoin these few weeks. Then they will obtain their new altcoin and then it will be dumped along with some extra bitcoin leading to a fall in the market prices of bitcoin and the new fork of bitcoin. This seems to be the trend now. People are making cash by using these forks as methods to get free lunch. Gone are the days when people used to work hard to earn bitcoin and spend it.

There are two themes here that worry me.

Everyone seems to think that this is a "free lunch" -- hard forked coins are just airdropped on us and we can all make money out of thin air. The problem is that in order for this to be true, there needs to be bid-side demand for us to dump into. If Segwit2x is even worth dumping, that suggests there is demand to make it a viable chain. There is even a possibility that demand for it could overtake that of the legacy chain, if 90% of the hash power really forks. I know, I know, hash power shouldn't matter. But I think fear of being on the weaker chain is real, and not to be underestimated.

Also, everyone seems to think that because Bitcoin Cash was launched during a bullish cycle, that this bullish cycle will be repeated just because of the Segwit2x fork. Not only does the past not predict the future, but the market was in a very different place in July. It's not pragmatic to ignore all other market variables.

Anyway, when everyone agrees on what the market will do, the opposite usually happens.....
newbie
Activity: 10
Merit: 0
October 06, 2017, 04:20:36 AM
#34
hello
maybe this time the price will not go down before the fork because people will change all the alts they have to btc to benefit from it and also will buy before the fork.
before bcc in august we did not know how btc will react and price droped to 2000 but today i think it is different

full member
Activity: 182
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
October 06, 2017, 04:05:25 AM
#33
I think the same thing will just happen just like the August fork. There will be people who will get scared and sell their bitcoins and worse do panic selling which will cause bitcoins price to go down. But after that bitcoin's price will increase again and hopefully reach new heights.
full member
Activity: 658
Merit: 100
October 06, 2017, 03:47:14 AM
#32
What are you guys predicting will happen before/after the next fork?
the market will return to normal, the price will be stable again, for now maybe the new fork will slightly affect the market price, but a few days later the price will stabilize again
hero member
Activity: 2842
Merit: 625
October 06, 2017, 03:45:57 AM
#31
What are you guys predicting will happen before/after the next fork?

About the price? There's no prediction that's coming to my mind but it's just a the same thing that was happened with the bitcoin cash hard fork.

I'm expecting that we will be reaching another ATH. And like what's happening now the price is increasing so that those buyers can have the bitcoin gold before the fork.

1 week before the hard fork possible that we will able to see the price reaching $4,800. And after this bitcoin gold fork, we have to wait for the real test of bitcoin on November.

member
Activity: 91
Merit: 10
October 06, 2017, 03:41:22 AM
#30
What are you guys predicting will happen before/after the next fork?

I am perceiving that as we approach the said fork, we will experience a bumpy ride. We will encounter some dumps and panic selling. We might see Bitcoin again in the 3000 dollar range, maybe even less. After the fork, we have to expect another all time high to be reached. Though there will be a resistance, Bitcoin will definitely reach 5000 USD before the year ends.
hero member
Activity: 2590
Merit: 644
October 06, 2017, 03:31:19 AM
#29
I think there is no reason for us to panic for the next fork because i just read an article and it says that it is more on airdrop rather than chain split so i think it will be a good thing for the people who got bitcoin because they will get bitcoin gold too. It is a free money again and i think that we should just buy bitcoin now for long term so we can get benefits like getting some good coins like bitcoin gold in the next fork.
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