What will happen to BTC after hardfork?

McKane

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Quote from: ehrz22 on October 21, 2017, 09:23:14 AM

Quote from: webtricks on October 15, 2017, 12:28:25 PM

Quote from: pathi87 on October 15, 2017, 12:14:56 PM

Any idea what will happen to the BTC after hardfork? Will it go down ?

You seem new to crypto world. We had one major hardfork few months ago. Nothing to fear.
If you meant prices then there maybe little fluctuations in price but in long run Bitcoin will strengthen back to stronger position like it is now. So you are free to make your strategies without fearing pre or post fork situations.
While if you meant working of Bitcoin or blockchain. There maybe 1 or 2 days halt in performance due to double performance. But after that you can conveniently use both coins if you have them with private keys.

Im new to bitcoins too but already have an idea on what will happen after this another fork. I believe bitcoin price will continue to up what ever may happened after this new fork.

As the price showing best clue to investors so we should need to invest in bitcoin because if we invest into bitcoin we will get a good result. But as you are said that you are talking about that you are new to bitcoin so you will get many help here because our admins are too nice to beginners they will help you completely if you ever need.

Drnice

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Quote from: pathi87 on October 15, 2017, 12:14:56 PM

Any idea what will happen to the BTC after hardfork? Will it go down ?

Well, the price of bitcoin might drop a little, just for some few days, cause the price will always rise up again. Watching closely, if the price should still keep on going up till the day of the fork, then it will just keep going.

Cindy1983

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Just take a look at what happened to Bitcoin price at the hard fork on 1st August

) Bitcoin price increased from more than 2k$ to more than 4k$ right after that hard fork so in my opinion I think at this time it'll be the same that mean Bitcoin price will be double from more than 6k$ to more than 12k$ right after the upcoming hard fork

) It's just my prediction but I hope it'll come true Cheesy

bitcad4u

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Quote from: Cryp123 on October 21, 2017, 11:49:35 AM

No doubt It is reaming as a higher price in the market. Not any effect from hard fork , Pretty sure BTC will pass 10,000 usd within short period

After that, the coins would be pumped artificially, get sold for profit, profit goes to the main coin, the fork dies, repeat. Similar to what happened to BCH, but this time there would be two forks in a span of less than a month So You will be able to send tokens at the main chain, and at the forked chain just as you did before with bitcoin.

Cryp123

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No doubt It is reaming as a higher price in the market. Not any effect from hard fork , Pretty sure BTC will pass 10,000 usd within short period

arseaboy

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Quote from: elliottflz65 on October 21, 2017, 09:30:41 AM

I'm predicting a huge dump and a few weeks later we'll see yet another pump and exceeding $6000

if history repeated itself then we will expect this things to happen after bitcoin holders received their free btc gold then expect that dumped and cashing out
will happen but for those who believes that bitcoin will bounce back it will be hold for much longer time and sell when they are already satisfied with their gains.

giantrobot

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Quote from: pathi87 on October 15, 2017, 12:14:56 PM

Any idea what will happen to the BTC after hardfork? Will it go down ?

I think we can totally trust the bitcoin, because we have all the bases to believe in. Just like what has happened, bitcoin will increase rapidly after the hardfork, and bitcoin core is still the strongest currency.

Ridwan Fauzi

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Keep calm we wait later what kind of results. Which is clear if this hardfork happens I am sure it will not have a major impact on the declining value of bitcoin. Most likely that will happen is the temporary stop of market activity.

Butchick

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Hardfork is somewhat one of the turning point of bitcoin. The coin's value will go down but after hardfork, It will slowly recover and eventually the value pumps up. Though as to when this will happen, nobody really knows but this is an expected result of the hardfork.

1NV3ST0NM3

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Quote from: pathi87 on October 15, 2017, 12:14:56 PM

Any idea what will happen to the BTC after hardfork? Will it go down ?

Nothing will happen to btc. There would just be cutting out of a new altcoin that is btg. Its done to make btg mineable through GPU. But yes bitcoin may go down afte this fork.

Desscount

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Quote from: pathi87 on October 15, 2017, 12:14:56 PM

Any idea what will happen to the BTC after hardfork? Will it go down ?

no one will ever know. we will find out after the 25th. just a few more day. so let's wait, what will happen.

RayvenPierre

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Bitcoin will still be bitcoin. May are predicting a price dump and may are hoping that there will be a price pump and I am one of those people hoping for the price to increase but no matter what happen bitcoin's price wil still be very volatile.

dothebeats

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Nothing much. Bitcoin will remain as bitcoin. The other fork might be supported by a few enthusiasts. After that, the coins would be pumped artificially, get sold for profit, profit goes to the main coin, the fork dies, repeat. Similar to what happened to BCH, but this time there would be two forks in a span of less than a month. I wonder how much the price would shoot with these two temporary profit makers?

moooonu

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Hardfork is like polishing the Bitcoin as it will take out potential of btc. Last time btc was hardforked it made btc cross 5k$ mark and now as a few days left to another hard fork btc crossed 6k$ price. Maybe we can see $10k price by the end of this year.

CryForA

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Quote from: elliottflz65 on October 21, 2017, 09:30:41 AM

I'm predicting a huge dump and a few weeks later we'll see yet another pump and exceeding $6000

I am inclined to agree with such a prediction based on the previous experience. Although I don't have a magic crystal.

elliottflz65

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I'm predicting a huge dump and a few weeks later we'll see yet another pump and exceeding $6000

BillCoin

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Here is a short explanation about hard forks in general.

http://www.investopedia.com/terms/h/hard-fork.asp

TLDR, as for the bitcoin case, a small part of the miners will start mining the same chain, but with different rules, which means that your bitcoin addresses at the main chain will still be existing with the same balance on the forked chain.
You will be able to send tokens at the main chain, and at the forked chain just as you did before with bitcoin.

BrewMaster

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Quote from: pathi87 on October 15, 2017, 12:14:56 PM

Any idea what will happen to the BTC after hardfork? Will it go down ?

if price is your only concern then visit the speculation board there are a lot of discussions about this.
i think it may go down, even if it is a correction. the timing will be right anyways. even if it had nothing to do with the "fork".

if other things are your concern then don't worry about this upcoming fork called bitcoin gold, nothing will change. unless they fail with their replay protection you have nothing to worry about.

McKane

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IF PROBLEM WITH MY TRUST THEN BRING AN ESCROW.

Quote from: wagi on October 21, 2017, 09:13:50 AM

Objectively bitcoin will stronger. In hard fork, bitcoiner like to have other side of bitcoin, so more demand make its price is higher.
After hard fork, my opinion is btc still strong but will decrease a little bit and back to up treck.

Now a days the demand of bitcoin is even more higher people are buying bitcoin very rapidly while there taking interest in bitcoin just because they know that the price going upward. Which is not going down that's why they are willing to have a lot of bitcoins because if you are having a lot of bitcoin your current value will be change in future the amount you have.

ehrz22

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Quote from: webtricks on October 15, 2017, 12:28:25 PM

Quote from: pathi87 on October 15, 2017, 12:14:56 PM

Any idea what will happen to the BTC after hardfork? Will it go down ?

You seem new to crypto world. We had one major hardfork few months ago. Nothing to fear.
If you meant prices then there maybe little fluctuations in price but in long run Bitcoin will strengthen back to stronger position like it is now. So you are free to make your strategies without fearing pre or post fork situations.
While if you meant working of Bitcoin or blockchain. There maybe 1 or 2 days halt in performance due to double performance. But after that you can conveniently use both coins if you have them with private keys.

Im new to bitcoins too but already have an idea on what will happen after this another fork. I believe bitcoin price will continue to up what ever may happened after this new fork.

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