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Topic: What will happen after the upcoming fork? (Read 765 times)

full member
Activity: 294
Merit: 100
November 08, 2017, 12:06:36 PM
#33
How low do you think the price of BTC will go? How much will the new coin be worth?
I don't think price of BTC will fall much.We can see a drop of 1000$ but that's not much drop because bitcoin already increased much more than that.S2x coin will surely have less value then bitcoin may be 20% of bitcoin value.Overall price will be good when combined both coins.I will hodl both the coins this time not like BCH and will wait and dump the lower value coin after few days.
member
Activity: 94
Merit: 11
November 08, 2017, 12:00:31 PM
#32
I think the price of bitcoin after the fork will drop a little bit less than the price of segwit2X futures.

   Example : If price of BTC before fork is 7500$ dans B2X futures is 1500$, I think the BTC price will be a little bit ABOVE 6000$ after the fork.

 The reason : people frightened by the fork are waiting to come in with fresh money, just after this date. (I met this kind of person at work today).
newbie
Activity: 70
Merit: 0
November 08, 2017, 11:55:17 AM
#31
I hope fork this time can support altcoin back up. Sufficiently annoying that the present condition should suffer a loss more than 50% of holding ETH. And I'm sure, it's not just me who experienced this.
legendary
Activity: 1551
Merit: 1002
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November 08, 2017, 11:23:17 AM
#30
When newbies say dump.... it will be a big big pump
full member
Activity: 274
Merit: 100
November 08, 2017, 11:01:46 AM
#29
BTC red, Alts in the green. The money that has flooded into BTC for this free 'airdrop' will be yanked back out and placed into the booming alts...triggering a BTC correction and hopefully big alt gains...back to where it was a couple months back.
hero member
Activity: 658
Merit: 505
November 08, 2017, 10:50:38 AM
#28
Someone here mentioned that bankers are trying to destroy bitcoin by multiple forks. I wouldn't say that is true, the problem is within the bitcoin community, not the banks. I agree that we don't need so many coins that have no purpose but there are too many streams that can't reach the agreement and that is bad for bitcoin.
Fork will bring another price correction and some confusion among some users but the price will recover again and maybe there will be some free coins.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
November 08, 2017, 10:28:07 AM
#27
How low do you think the price of BTC will go? How much will the new coin be worth?

i am convinced that this will be just like the previous two forks. a small drop (a bear trap or a newbie shakeout) before the recovery which leads to a FOMO buy and a big rise again. before the end of this year we may even see $10,000 reached because of this fork.

the new coin may be worth less than bitcoin but more than bitcoin cash.
hero member
Activity: 952
Merit: 516
November 08, 2017, 09:58:37 AM
#26
Well, let's see. A lot of people have switched from their altcoins to bitcoin because they want to get free coins after the fork, essentially free money. This pushed the bitcoin price up, a lot. However this is not real support for bitcoin. 99% of people who bought bitcoin this past week, have done so just to dump it later and profit from it. Is not going to crash before the fork because people need to be holding bitcoin when the fork happens so there isn't really much danger here but after the fork I believe it will go down. What I think the best way to really benefit before the fork is buying alt coins. I believe a lot of people will invest their money into various alt coins before the fork expecting bitcoin to go down and people switching to alt coins again. This seems to me the most logical possibility but who knows.
legendary
Activity: 1036
Merit: 1000
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November 08, 2017, 09:49:41 AM
#25
Bitcoin gonna to crash after all expectations get settled by hunters Wink Time to wait for lower price levels to buy back our bitcoins for cheaper price. Price will hit next resistance level and will come down after sell pressure.
legendary
Activity: 2436
Merit: 1362
November 08, 2017, 09:27:21 AM
#24
I think Bitcoin will continue to rise after the fork.
There is going to be more adoption of it going forward.
We are already seeing announcements and signs that
new traders will be investing into Bitcoin, which may
not be a good thing as they will not be using it as a
payment system but a store of value instead.

https://www.cnbc.com/2017/10/02/goldman-sachs-exploring-bitcoin-trading-operation-report-says.html
sr. member
Activity: 536
Merit: 250
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November 08, 2017, 09:18:23 AM
#23
How low do you think the price of BTC will go? How much will the new coin be worth?

No one really know what will happen after fork or Segwit2x but the aim of this event is to increase the block size and improve scalability in the blockchain  in which if possible it will make the future transactions in an instant or reduced lead time. If this event will be a success it might reduce the service fees as well by the exchanges because more bitcoin transactions can now be seem to be going smoothly.
sr. member
Activity: 1400
Merit: 420
November 08, 2017, 09:09:26 AM
#22
How low do you think the price of BTC will go? How much will the new coin be worth?

For now it is stablizing as the incoming Hard Fork is near to happen and it is the main reason of the price surge of Bitcoin without a doubt, I read some rumor that the potential price of this said Bitxoin2x will be around $1000 so maybe that's why there are so many investors invested their money with this 3rd Fork of the year 2016. if this Segwit2x will be implemented or not I think the price of Bitcoin will face some major corrections as it already pump in just a short period of time. Let's hope for the best for Bitcoin then.
legendary
Activity: 3038
Merit: 1169
November 08, 2017, 08:22:17 AM
#21
WTF we get another coin? Thats 3 new (Bit)coins in just a few months. Banksters try to destroy bitcoin by splitting it into parts. As they say "if you can not destroy something from the outside, destroy it from the inside". Looks like it´s really time to sell soon.
It has nothing to do with banksters, but more with the greedy nature of the more influential "Bitcoiners" here. Seriously, chain splits are the next big thing due to governments cracking down on ICOs.

Before the BCH chain split people were afraid of what would happen at the day it would create another altcoin, but now they have seen how profitable it is, they changed from in such a way, that they want more forks to happen.

Great thing however is that people only care about their initial 'profits', where after they have dumped their coins, they have no further interest in that split coin anymore ~ they all will dry out completely at some point.

Yup! many are very greedy in investing with bitcoin but I think in the upcoming Fork it will surely happens as what happen in the recent Fork it sure Dip a little but continues to goes up after the Fork occur, many right now are waiting for the upcoming fork because of the free coin they can get but this occurring Hard Fork are risky and we can never know if it's gonna be a success so put your coins in a private key wallet.
legendary
Activity: 1526
Merit: 1179
November 08, 2017, 06:47:49 AM
#20
WTF we get another coin? Thats 3 new (Bit)coins in just a few months. Banksters try to destroy bitcoin by splitting it into parts. As they say "if you can not destroy something from the outside, destroy it from the inside". Looks like it´s really time to sell soon.
It has nothing to do with banksters, but more with the greedy nature of the more influential "Bitcoiners" here. Seriously, chain splits are the next big thing due to governments cracking down on ICOs.

Before the BCH chain split people were afraid of what would happen at the day it would create another altcoin, but now they have seen how profitable it is, they changed from in such a way, that they want more forks to happen.

Great thing however is that people only care about their initial 'profits', where after they have dumped their coins, they have no further interest in that split coin anymore ~ they all will dry out completely at some point.
hero member
Activity: 2464
Merit: 594
November 08, 2017, 06:39:34 AM
#19
The price of BTC will keep going forward because they will hold their coins before the said fork. Afterwards, it is possible to have a panic selling and make the price go down but I think it will not affect the current range value. Just like what happened on the previous fork which is the split of 2 chains to create Bitcoin Cash and have the results of bitcoin price sky rocketing.
legendary
Activity: 2179
Merit: 1201
November 08, 2017, 06:38:58 AM
#18
WTF we get another coin? Thats 3 new (Bit)coins in just a few months. Banksters try to destroy bitcoin by splitting it into parts. As they say "if you can not destroy something from the outside, destroy it from the inside". Looks like it´s really time to sell soon.

Still I think Bitcoin will not move or even go up after the fork. It usually does the opposite of what most people expect.
sr. member
Activity: 1274
Merit: 263
November 08, 2017, 06:27:27 AM
#17
In the October first Fork there are a total chaos and panic selling have occur that is the when the Fork is nearing the price Drops and then a split occur creating Bitcoin Cash then the users that Hodl their bitcoin got an exact amount of bitcoin cash in the amount of bitcoin in their wallet, then many dump their free bitcoin cash to convert it to bitcoin that is why the price increase a bit again, and I think in the recent Fork creating Bitcoin Gold many are aware that they can get free coin that is why many have Hodl their bitcoin that has surge the price almost $1000 dollar of the amount, but there are others that didn't get their free coins and upset of the investment they made, and right now It is really unpredictable right now on waht will happen if the upcoming Segwit2x Fork can be trusted of not, let's just say a half will sure Hodl and a half that will convert or sell.

chaos will not happen,even though Segwit2x bring the storm at best it will only cause a huge panic sell in the next few days later.
seems like we can see a lot of fear out there,
and if we talked about the price i believe a day or two before the fork there will be a huge downward movement.
another coin will be created and called Bitcoin2x(B2X),
we will face it at block 494.784 or approximately we will see it at 16 november.
let see what will happen with the price in the next day,will we see another upward movement ? or keep drowning.
if we can not see any movement in the next 2 days,i believe $4000 level more or less is plausible.
hero member
Activity: 980
Merit: 500
November 08, 2017, 05:38:33 AM
#16
In the October first Fork there are a total chaos and panic selling have occur that is the when the Fork is nearing the price Drops and then a split occur creating Bitcoin Cash then the users that Hodl their bitcoin got an exact amount of bitcoin cash in the amount of bitcoin in their wallet, then many dump their free bitcoin cash to convert it to bitcoin that is why the price increase a bit again, and I think in the recent Fork creating Bitcoin Gold many are aware that they can get free coin that is why many have Hodl their bitcoin that has surge the price almost $1000 dollar of the amount, but there are others that didn't get their free coins and upset of the investment they made, and right now It is really unpredictable right now on waht will happen if the upcoming Segwit2x Fork can be trusted of not, let's just say a half will sure Hodl and a half that will convert or sell.
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