What will happen to Bitcoin's price before and after the October fork?

payamarchi

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Quote from: Sithara007 on October 14, 2017, 02:39:15 PM

Quote from: Shotz on October 14, 2017, 01:36:51 PM

I think the bitcoin and ethereum prices will rise before each has their hardforks, no one wants to miss out on the "free money" aka dumpcoins again. In November after all these fork attempts pass we should see a huge increase in market cap.

There is going to be an increase in the market cap for Bitcoin after the hard fork, but now it is very difficult to predict how much that is going to be. We must also consider the fact that the exchange rates have gone up by more than 25% during the past few days. So the future increase may not be as high as we are expecting. But even then, I would say that there is a remote chance of the exchange rates crossing the $10K mark.

I think btc will hit $7000 before the fork and it will drop to $5800 after the fork.

barhavsky

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i think bitcoin prices will increase again because some issue about fork so people buying bitcoins for get some profit from fork.
after fork maybe they will sell bitcoin and buy altcoin again for long term.

ruthbabe

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I think there will be a slight drop in the price of Bitcoin this coming fork but it will recover soon after the fork and before year end it will surpass the $8000 mark. Btw, have you read this, Prominent Bitcoin Trader: Price is Heading Towards $100,000 in 2018

bitcoinmagneto

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Well this is not a tough question,everyone knows that bitcoin price is increasing enormously day by day. So it is best to say that will be increasing before October and will be even more after October. According to the recent fluctuation in it's price it is safe to say that during October it will reach $6000 and after October it be reaching up to GOD knows what value.

DaddyMonsi

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Quote from: emmagloor on October 12, 2017, 06:59:46 AM

So the hardfork won't be as terrible as Bitcoin Cash.

Bitcoin Cash didn't do well after it was introduced last August, holders kept it for a few days, when exchangers allowed Selling, price wen't down so it looks like people wants BTG because for them its free money. I don't see anything special about Bitcoin Gold but again, just like when Ethereum was first introduced, who knows that Ethereum will make it big.

Jombitt

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same thing will happen to bitcoin like what happen on fork last august. The price will continue no matter what happen to the upcoming fork. You can check the history of bitcoin, the dump of bitcoin in market price history is just a temporary. The bitcoin price will continue to increase as the days goes by! Incoming 7000 $ for sure!

dewi91

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if we looks the prices of bitcoin for a month ago, the prices is stable enough. maybe after the fork, the prices of bitcoin will be increase like before.. so difficult to predict what will happen in the future, I hope the fork not influence a lot to bitcoin..

MoonHodler

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No one knows exactly but you can check the past bitcoin price charts before & after the 2017 August fork to have some idea, but still this is not a measure for the upcoming October fork's price fluctuations.

megynacuna

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Quote from: Sithara007 on October 14, 2017, 02:39:15 PM

Quote from: Shotz on October 14, 2017, 01:36:51 PM

I think the bitcoin and ethereum prices will rise before each has their hardforks, no one wants to miss out on the "free money" aka dumpcoins again. In November after all these fork attempts pass we should see a huge increase in market cap.

There is going to be an increase in the market cap for Bitcoin after the hard fork, but now it is very difficult to predict how much that is going to be. We must also consider the fact that the exchange rates have gone up by more than 25% during the past few days. So the future increase may not be as high as we are expecting. But even then, I would say that there is a remote chance of the exchange rates crossing the $10K mark.

Exactly, if we get a faster confirmation after the fork as a result of the increase in block size plus a reduction in transaction fees then i bet bitcoin will increase astronomically in value after the october fork.

Sithara007

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Quote from: Shotz on October 14, 2017, 01:36:51 PM

I think the bitcoin and ethereum prices will rise before each has their hardforks, no one wants to miss out on the "free money" aka dumpcoins again. In November after all these fork attempts pass we should see a huge increase in market cap.

There is going to be an increase in the market cap for Bitcoin after the hard fork, but now it is very difficult to predict how much that is going to be. We must also consider the fact that the exchange rates have gone up by more than 25% during the past few days. So the future increase may not be as high as we are expecting. But even then, I would say that there is a remote chance of the exchange rates crossing the $10K mark.

affandi

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Quote from: AndriyPilipyak on October 12, 2017, 10:31:30 AM

After October fork price of btc can grow more because people will sell btcgold and buy btc

but in my opinion this will happen otherwise, once people get bitcoin gold from bitcoin they have, there will be dump on bitcoin and especially dump on bitcoin gold. Because I think there will be many people who want to sell bitcoin + bitcoin gold for double profit. and in my opinion, the bitcoin increase will happen again in early 2018

Spaffin

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We already see that the upcoming bitcoin fork, which will be October 25, served as one of the reasons for the sharp increase in demand for bitcoin, as a result of which its rate soared upward and almost reached 6,000 dollars. Apparently, investors want in addition to bitcoin to get absolutely free of charge another coin - Bitcoin Gold. As for the price of bitcoin after the fork, its course will definitely fall, however, no one can predict how much. Apparently, not much. After all, there are objective reasons for the growth of its course.

Shotz

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I think the bitcoin and ethereum prices will rise before each has their hardforks, no one wants to miss out on the "free money" aka dumpcoins again. In November after all these fork attempts pass we should see a huge increase in market cap.

Emerge

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do you remember what happend first time when segwit was activated on btc? now segwit2x i think it will probabbly do the same, so...i wait for a 8k price after split

rebel92

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Quote from: emmagloor on October 12, 2017, 06:59:46 AM

It's impossible to say at the present time however it's undeniable there is a major push towards $5,000 and past.

At the present time it appears like every single real trade, wallets, retailers are for the most part turning out saying they will bolster the two chains and see which one proves to be the best. So the hardfork won't be as terrible as Bitcoin Cash.

Who knows which one beats the competition and what occurs with the cost. Be that as it may, simply realize that you will twofold your BTC after the hardfork so's a tremendous reward! On the off chance that the two chains turn out equivalent in esteem at that point you've quite recently multiplied your cash

The market can price Bitcoin Gold in too highly before the hard fork by pricing Bitcoin too highly, then both correct afterward and combined market cap is lower than it was before the hard fork. So maybe bitcoin will crash after the BTG hard fork !

crismass1225

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I dont get what ops are trying to say:
Well, if is about the fork on October 25 which will bring the new coin as Bitcoin Gold that im my perception will eventually turn in to altcoin. And that fork are a dumpfork as it was few people are aware about it and few exchangers are supporting it. It will remain as Altcoin and Bitcoin will sore high after that fork.

If its about the Segwit2x that will happen on November it is a different story inside it as many miners supporting it, but 3 months before there are debate where miners state that they will not support the segwit2x and the upgrading of lighting network but 2 months after the news I've read in Bitcoin News Miners are now supporting Segwit2x as the lighting network are in. In November we will see a huge difference in Cryptoworld and i believe it will be a tag-of-war.

erickkyut

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Bitcoin had recently achieved its all time high value and it is continuously increasing before the hard fork. The reason that I can think for the sudden price increase is because people are selling their altcoins for Bitcoin before the fork to get a higher equivalent of Bitcoin Gold. After the fork, maybe there will be a sudden price drop because investors will go back in buying altcoins. It is just my opinion. We don't know what might happen in the future. All we need to do is hope and pray that Bitcoin price increase will continue.

Trivelius

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Quote from: Herbert2020 on October 12, 2017, 07:50:52 AM

dude the fork in October (25 of October) is called Bitcoin Gold which most people don't even know about. it is an obvious altcoin which even has a huge premine!

the fork you have in mind is probably the November fork called SegWit2x. that is a very different story and i can say a long time from now.

Quote from: emmagloor on October 12, 2017, 06:59:46 AM

At the present time it appears like every single real trade, wallets, retailers are for the most part turning out saying they will bolster the two chains and see which one proves to be the best. So the hardfork won't be as terrible as Bitcoin Cash.

most exchanges supported Bitcoin Cash too. and that was all that mattered because people wanted to dump it and they did. there is no other usage for it anyways.
s2x is different though because unlike BCH it has a large support from miners.
i just hope it won't turn into a war!

October fork (bitcoin gold) the new digital currency in the market releasing in this month of October. Many people think that after releasing of bitcoin gold then the value of bitcoin will be go down and people will not follow bitcoin but I want to say that after this fork bitcoin will not be effected because many people know the importance of bitcoin in life and they will never lose their experience currency that’s why bitcoin will not be effected.

IanRidgwell

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Quote from: emmagloor on October 12, 2017, 06:59:46 AM

It's impossible to say at the present time however it's undeniable there is a major push towards $5,000 and past.

At the present time it appears like every single real trade, wallets, retailers are for the most part turning out saying they will bolster the two chains and see which one proves to be the best. So the hardfork won't be as terrible as Bitcoin Cash.

Who knows which one beats the competition and what occurs with the cost. Be that as it may, simply realize that you will twofold your BTC after the hardfork so's a tremendous reward! On the off chance that the two chains turn out equivalent in esteem at that point you've quite recently multiplied your cash

Yes I am agree with you bitcoins is going to be high valuable because October fork means bitcoin gold will be released to the market and I know many people will don’t know about it but this will not effect the bitcoin value and already bitcoin value in increasing with time and after that fork people will keep investment in bitcoin and this will not affect the bitcoin future.

Gameroid

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Quote from: Marry Finch on October 12, 2017, 10:41:27 AM

At this time, the price of bitcoin is $ 5,202. Given its rapid growth, we can say that both before and after the October fork, its price will continue to grow, as there are practically no external or internal factors that would slow its growth. Bitcoin has long been stomping around, it's time for him to show his bullish strength.

I think before the fork the bitcoin result is very clear, that its price is increasing and from time to time is price is hitting new all time high,and i am sure that even after fork the trend of increasing the price of bitcoin will continue and hope to see the price trading above 6000$ in next few day, and i think that if the trend continue for some more time then it is expected that the price of bitcoin will cross 8000$ very soon.

Topic: What will happen to Bitcoin's price before and after the October fork? (Read 2748 times)