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Topic: What will the fork lead to? (Read 1075 times)

sr. member
Activity: 882
Merit: 269
November 09, 2017, 04:51:41 PM
#45
Bcurrently, the sigwith2x activation has been cancelled and we are expecting a pump in price in the days to come. Bitcoin' 's is currently making some corrections and very soon we are going to witness another serious pump in prices. We have a lot of speculators who are speculating that bitcoin is going to get to $10,000 before end of this year and we are hopeful this will happen.
sr. member
Activity: 980
Merit: 255
November 09, 2017, 04:36:04 PM
#44
I've been reading a lot of opinions from different people and there seems to be a majority consensus that btc price will drop during the fork
You really should not base your opinion too much on people's opinion here as some people may not really understand what they are saying. No one knows what will happen after the fork and except for the upcoming November fork which remains contentious, I do not see how BTC price will reduce because of BTG.

BTG will get dumped, so how does that affect BTC's price negatively. I am just surprised at the rate at which some people are basing their theory here.
While we must always make our own research it is also very entertaining to read the opinion of others when it comes to these topics since you are going to be able to find well established points of why they believe something is going to happen and then bitcoin just does whatever it wants and makes all our predictions wrong, who would have thought that bitcoin could reach such a high price just one year ago, only dreamers and people that were very positive about bitcoin no one else.
hero member
Activity: 3080
Merit: 603
November 05, 2017, 05:10:44 PM
#43
Most likely, nothing. The current forks are attempts at cash grabs, and only that. There is nothing about them that warrants any good reason to switch from Bitcoin, and most people simply sell off their shares and buy Bitcoin instead. It is like free money in a sense, so tat is really cool. lol
I dont understand these people that are keep on making forks. And I had to agree with you, most forks now are into making cash easily connecting its users to another chain. There are things to be discussed and this is a long debate for fork supporters but only one chain shall prevail.

I think the current fork holds some potential on the way where we will going. Segwit with LN or Blocksize increase. It's important for traders to know which way bitcoin is going to be scaled. Investors and users will also be interested to see if transactions will be faster/cheaper then what they are worth right now.
It has the potential since there are that much supporters for it and numbers of exchange are starting to prepare for it. Everyone hopes that majority will stay to the old/core bitcoin but of course those knowledgeable people who are living their lives with crypto wants to support this fork as it will improve mostly everything in the chain but yeah let's see on what will be the worth and result of it.
sr. member
Activity: 370
Merit: 250
Forza Italia
November 05, 2017, 02:40:27 PM
#42
Most likely, nothing. The current forks are attempts at cash grabs, and only that. There is nothing about them that warrants any good reason to switch from Bitcoin, and most people simply sell off their shares and buy Bitcoin instead. It is like free money in a sense, so tat is really cool. lol
I dont understand these people that are keep on making forks. And I had to agree with you, most forks now are into making cash easily connecting its users to another chain. There are things to be discussed and this is a long debate for fork supporters but only one chain shall prevail.

I think the current fork holds some potential on the way where we will going. Segwit with LN or Blocksize increase. It's important for traders to know which way bitcoin is going to be scaled. Investors and users will also be interested to see if transactions will be faster/cheaper then what they are worth right now.
hero member
Activity: 3080
Merit: 603
November 05, 2017, 01:34:19 PM
#41
Most likely, nothing. The current forks are attempts at cash grabs, and only that. There is nothing about them that warrants any good reason to switch from Bitcoin, and most people simply sell off their shares and buy Bitcoin instead. It is like free money in a sense, so tat is really cool. lol
I dont understand these people that are keep on making forks. And I had to agree with you, most forks now are into making cash easily connecting its users to another chain. There are things to be discussed and this is a long debate for fork supporters but only one chain shall prevail.
member
Activity: 284
Merit: 16
November 05, 2017, 12:48:12 PM
#40
My point of view is by the following fork and getting some "Free" Btc gold the proce of bitcoin will decrease a lot
With a good price for btc gold. Well it will be more accurate if I said it MUST decrease after the fork
May I know your opinions?
I dont think, each each spars, the value of the BTC rege up, the last romantyczny last period, but its bc pipeline sb tăng liên tục, và lần này cũng không phải is exception
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
November 05, 2017, 12:05:07 PM
#39
My point of view is by the following fork and getting some "Free" Btc gold the proce of bitcoin will decrease a lot
With a good price for btc gold. Well it will be more accurate if I said it MUST decrease after the fork
May I know your opinions?

as you can clearly see now, forks like bitcoin gold have no significant effects on bitcoin price. of course there were a drop which means they are not  completely ineffective but it was not at all big. so your part about "decrease a lot" was wrong.
let this be a lessen and an example for future references. and this is actually the second example. the first one was the bitcoin cash fork where bitcoin price had a little dip after it but started rising even more afterwards.
full member
Activity: 546
Merit: 100
November 05, 2017, 12:00:51 PM
#38
As we can see,  fork by this november is not yet happen,  but the price of bitcoin raise over $7k+  i think, one of the reason is the upcoming fork (btg)  because most of the investors are want to get free coin from the fork which is equivalent from how many bitcoin they have,  and to get earnings/profits from that, by dumping it after the fork,  fork leads bitcoin price hike/raise then suddenly i think after the fork bitcoin price will back to normal price which is $5k+. And the altcoins will drop by 10% after the fork,  the upcoming fork results is unknown and who knows what will next before and after the fork.  but the truth is bitcoin and altcoins are totally affected by this fork and leads to the ups and downs of price in the market.
sr. member
Activity: 980
Merit: 255
November 05, 2017, 11:08:01 AM
#37
My point of view is by the following fork and getting some "Free" Btc gold the proce of bitcoin will decrease a lot
With a good price for btc gold. Well it will be more accurate if I said it MUST decrease after the fork
May I know your opinions?
I do not know why you thought that most of the members of the forum thought the price will go up after the fork, something that as we have seen happened, the only way for the price of bitcoin to get lower is if the community believes in the project and are willing to keep holding it and using this new coin but as we have seen people are only dumping bitcoin gold so the price of bitcoin was never going to go down in those circumstances.
legendary
Activity: 1526
Merit: 1001
November 04, 2017, 10:12:03 PM
#36
My point of view is by the following fork and getting some "Free" Btc gold the proce of bitcoin will decrease a lot
With a good price for btc gold. Well it will be more accurate if I said it MUST decrease after the fork
May I know your opinions?
Sorry to say, but it seems you have not been following the trend of things. BTG is apparently going to get dumped and I really hope their will even be any exchange to see someone who would want to buy from you and that would make it pretty worthless.

We do not know how things will turn out for sure, but most of the good trading platforms are not even listing it until when they are sure it is a less risky coin for investors. How does this then make BTC to be dumped because of good price for bitcoin gold ?
legendary
Activity: 1442
Merit: 1025
October 26, 2017, 02:51:12 AM
#35
I've been reading a lot of opinions from different people and there seems to be a majority consensus that btc price will drop during the fork
You really should not base your opinion too much on people's opinion here as some people may not really understand what they are saying. No one knows what will happen after the fork and except for the upcoming November fork which remains contentious, I do not see how BTC price will reduce because of BTG.

BTG will get dumped, so how does that affect BTC's price negatively. I am just surprised at the rate at which some people are basing their theory here.
legendary
Activity: 1330
Merit: 1003
October 25, 2017, 11:05:05 AM
#34
Most likely, nothing. The current forks are attempts at cash grabs, and only that. There is nothing about them that warrants any good reason to switch from Bitcoin, and most people simply sell off their shares and buy Bitcoin instead. It is like free money in a sense, so tat is really cool. lol
full member
Activity: 406
Merit: 102
October 25, 2017, 09:40:28 AM
#33
I think people will be more interested in digital currencies. The start of new coins always attracts newcomers, it's like they are given a fresh start. Though we know that only few coins successfully achieved or maintained popularity and adaptation. New coins for old users always have trust issues. Maybe it will depend on its characteristics which will be its advantage from bitcoin. Still experimentation will happen and when it failed then it will die as well.
Back to bitcoin and boom doubled or tripled.
sr. member
Activity: 568
Merit: 250
October 24, 2017, 05:13:18 PM
#32
My point of view is by the following fork and getting some "Free" Btc gold the proce of bitcoin will decrease a lot
With a good price for btc gold. Well it will be more accurate if I said it MUST decrease after the fork
May I know your opinions?

People are increasing their stash of bitcoin as per the market it seems. However after the fork a dump may happen, but there may not be dump as well - this is because in the next year there will be more forks and people wont sell bitcoins just after the fork. They may hold it for the next upcoming fork. In fact these forks and formation of new altcoins based on bitcoin seems just a hype scheme to increase price of bitcoin and the market seems to be growing but the growth will lead to dump soon.


In my opinion fork will lead to a big dump as many speculation says because they notice that every fork ends in a low price exchange rate. But for now its different because they have good potential altcoins and has a bright future insteads but it does'nt mean to replace the bitcoin because whatever the result come out is just still the bitcoin.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
October 24, 2017, 06:23:41 AM
#31
My point of view is by the following fork and getting some "Free" Btc gold the proce of bitcoin will decrease a lot
With a good price for btc gold. Well it will be more accurate if I said it MUST decrease after the fork
May I know your opinions?

People are increasing their stash of bitcoin as per the market it seems. However after the fork a dump may happen, but there may not be dump as well - this is because in the next year there will be more forks and people wont sell bitcoins just after the fork. They may hold it for the next upcoming fork. In fact these forks and formation of new altcoins based on bitcoin seems just a hype scheme to increase price of bitcoin and the market seems to be growing but the growth will lead to dump soon.
hero member
Activity: 980
Merit: 506
October 24, 2017, 06:14:20 AM
#30
My point of view is by the following fork and getting some "Free" Btc gold the proce of bitcoin will decrease a lot
With a good price for btc gold. Well it will be more accurate if I said it MUST decrease after the fork
May I know your opinions?

New hard form may lead to price increase of BTC due to increasing demand because some will just buy BTC to get a free Bitcoin Gold.
Buying of bitcoin at the very present moment is not a very good idea. If you are very much sure of this thing that the prices in the coming days will continue to increase and you will not suffer in any case, only then go for buying of bitcoins. Otherwise, this coming November can decrease the market price of bitcoin due to the upcoming forks. So think well before making any kind of decision.

full member
Activity: 392
Merit: 100
platform for everyday business
October 23, 2017, 07:43:32 AM
#29
My point of view is by the following fork and getting some "Free" Btc gold the proce of bitcoin will decrease a lot
With a good price for btc gold. Well it will be more accurate if I said it MUST decrease after the fork
May I know your opinions?

If the hard fork implemented it will lead into dumping the btc price.maybe all the bitcoiner affected and turn their  profit down.all people maybe hold their bitcoin until the condition back to normal or maybe they run into another kind of crypto currency.
hero member
Activity: 1134
Merit: 517
October 23, 2017, 07:32:15 AM
#28
Since everyone is piling up Bitcoins in their wallet so as to get free Bitcoin Gold. After the fork, the price of Bitcoin will go down because everyone will be more focused on Bitcoin gold and after all the whole thing is over, Bitcoin will get up again and go over its current price.
Not really like all attention would be focused on Bitcoin Gold after the hard fork, unless you're referring to a massive sell off of the BTG windfall and which could stunt it growth. Beyond that a number of bitcoiners would go for profit taking and that might not lead to any major correction, because unlike the situation of things prior to Bitcoin cash split, people're upbeat about Bitcoin and FUD is almost non-existent!
sr. member
Activity: 250
Merit: 250
October 23, 2017, 04:25:12 AM
#27
After the forking it is still unknown,
but I ll predict it may fall, BTC price may fall as it will need a correction.

I also predict that many people will run some of the profit to Altcoin,
if one altcoins would have update in January, it may be the priority to buy.
almost all of Altcoins are cheap now,
I ll buy Altcoins later, I am looking for the moment
newbie
Activity: 42
Merit: 0
October 23, 2017, 04:02:10 AM
#26
I've been reading a lot of opinions from different people and there seems to be a majority consensus that btc price will drop during the fork
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