What will the fork lead to? - page 2.

Wa(t)ch_night()

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Quote from: catfishftw on October 21, 2017, 09:15:07 AM

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?

Decrease will be, the question in another as far as. Maybe at times and can only 1k. Yes, you can play on it, but still this fork will not play a significant role.

newlone

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Quote from: catfishftw on October 21, 2017, 09:15:07 AM

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?

When the hard fork end, the price of the bitcoin decreases (I think so) it can dump ~ 4k $. The value of bitcoin gold can be ~ $ 300-500. Maybe it will achieve the value that bitcoin cash previously achieved.

cryptokitty

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Quote from: catfishftw on October 21, 2017, 09:15:07 AM

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.

RenaiSHITechnology

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Forking will make price higher
Later forking will correct it as peoples would buy cheap altcoins everywhere;

After next support is taken,
We are going to the moon.

crairezx20

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Quote from: carlerha on October 22, 2017, 03:36:41 PM

Quote from: CodyAlfaridzi on October 21, 2017, 10:16:44 AM

Quote from: catfishftw on October 21, 2017, 09:15:07 AM

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?

Agree. Bitcoin price will likely decrease after the fork, but not by a lot of amounts, just a tiny portion of the current price. I think we won't even get below $6000 after the fork. The main fuel for the recent rise isn't just Bitcoin Gold fork I'm sure, there is something bigger, the fork is just an icing on top of the cake.

So better to dump BTG as soon as possible and hold that extra Bitcoin tight after the fork! Cheesy

Although there are some chances that after hardfork the price of bitcoin will decrease a little, but i think that this decrease will not be a deep one and will not be for a long time. In fact after hardfork people will try to sell their bitcoin so as to secure their profit and therefore the market can take a little correction. But hopefully the price of bitcoin will very soon start rising again and there will be certainly a new rally and the price will once again start increasing and hopefully will cross 7000$ in a row.

I think the price won't decrease a lot some holders are already sold their bitcoins.. that is why the price won't increase more because other investors satisfied what the price today and they don't wanted to be late before its drop that is why bitcoin price is drop but there are still people are buying more bitcoins because its getting cheap and they wanted to get bitcoin gold too just to get the benefits of those coins..
And for safety purposes.
We need to have bitcoin gold if ever bitcoin gold replace bitcoin just incase but we know that bitcoin was strong but this is just to save our money if ever changes happen in the future..

tomahawk9

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We should expect a big dip due to Bitcoin Gold. People will be eager to get those new coins, Bitcoin will suffer for a days/weeks, that would be time to buy. After that i expect a massive decline in btc gold which will help btc to recover it's natural growth and reach a new ATH before the end of the year.

Fireblade

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Quote from: raven7886 on October 22, 2017, 01:19:13 PM

Quote from: Gozie51 on October 21, 2017, 09:41:11 AM

Quote from: izumaki on October 21, 2017, 09:31:07 AM

the thing here is that Bitcoin is like gold, and like gold it has to pass through fire to become what it is today, so Bitcoin is the fire purging the whole crypto space, at the moment i think no other currency in the world can shake the price, remember that alot of people are seeing what Bitcoin could be in the future... at the moment i think Bitcoin could only drop to maximum of 4500$ and head straight to 8000$

I also expect that to happen. Maybe a dip will happen after the fork to shake off the market before another trend will be formed. Consequently , I don't expect that new trend to keep seeing bitcoin diving downwards. This is because users have realised that bitcoin has a great capacity to come back to bullish over time and so many would still hold in there wallet to expect further growth. This will help bitcoin.

That makes sense actually. Bitcoin are the most rehabilitative currency in the world right now. There are altcoins and there is gold and dollars and much other, but the beauty bitcoin have in this regard, couldn’t be made possible by any other currency.

So, like you said, people come to know now that bitcoin will come back again don’t matter how hard is the dip. It profits.

Yes that is right to say that there are so many other altcoins who have good potential and have bright future but still i do not think that a single altcoin can replace bitcoin. Because bitcoin is the basic digital currency and people more trust on bitcoin as compare to any other altcoin. In fact through the increasing number of bitcoin users, bitcoin is now becoming more and more popular which is also making bitcoin more stronger and having bright future.

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Quote from: craZyLovE0916 on October 22, 2017, 01:51:10 PM

I suspect that the fork will lead to the same result Bitcoin Cash did, where the new coind will gain some traction at first, but ultimately fail and the money will flow back into Bitcoin.

This is also my speculation regarding this new fork. Bitcoin gold will be like bitcoin cash. At first people become more interested what bitcoin gold can offer then after doing some experiment the result will be bitcoin is still the best compare to the new coin. This is just my opinion, i could be wrong, so let us wait for the new fork to take effect.

ScaryMe

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This is what I beleieve with hard fork of btc, it will gonna make a few hurt changes because and due to a little fall down but after an hard fork price will gonna go higher than what we have now. But who knows every things is not vontrolled by anyone so I guess it is hard to predict of what will gonna happen in real with bitcoin after few movements.

PD1882

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I reckon people buying Bitcoin now for the Gold payout may be inclined to hold the Bitcoin and sell the Gold - the Gold is the freebee after all and a quick win for some to sell who have only a passing interesting and a few $ they can afford to lose. I think dips in Bitcoin price will be short lived - people will buy in earlier than the natural bottom of the curve. That means when the bounce occurs that dip will be even shallower as people who missed out last time don't want to miss out again, and will push the price higher still. I suppose a lot will depend on adoption of the new coin too and if confidence weakens a shift/perceived shift to Ether could have an impact. It'll be fun to watch, maybe once it's all charted I'll actually learn something!

kryptopath

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Just letting you know right now, I'm kinda weird.

Steady growth up until ~5 days before the fork. HUGE volatility for a week, a $500 - $1500 drop then steady recovery and then... to the moon!!! *fingers crossed*

shursight

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Yeah nobody knows what is going to happen with bitcoin and all the altcoins once that the fork is done, but we all are hoping to see bitcoin skyrocket one more time. but i am not sure about this since bitcoin has been bullish for so much time, it really needs to go down for a bit to make it a little bit more stable.
and regarding to altcoins, i dont know, but ethereum will probably go up by at least 10% if people start investing the money that they withdraw from eth.

Gozie51

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It might astonish us that after the fork, the bitcoin price might remain reasonably stable for some time before rocking higher again. My reason is that people are now getting information about bitcoin and they are likely going to invest into bitcoin.

carlerha

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Quote from: CodyAlfaridzi on October 21, 2017, 10:16:44 AM

Quote from: catfishftw on October 21, 2017, 09:15:07 AM

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?

Agree. Bitcoin price will likely decrease after the fork, but not by a lot of amounts, just a tiny portion of the current price. I think we won't even get below $6000 after the fork. The main fuel for the recent rise isn't just Bitcoin Gold fork I'm sure, there is something bigger, the fork is just an icing on top of the cake.

So better to dump BTG as soon as possible and hold that extra Bitcoin tight after the fork! Cheesy

Although there are some chances that after hardfork the price of bitcoin will decrease a little, but i think that this decrease will not be a deep one and will not be for a long time. In fact after hardfork people will try to sell their bitcoin so as to secure their profit and therefore the market can take a little correction. But hopefully the price of bitcoin will very soon start rising again and there will be certainly a new rally and the price will once again start increasing and hopefully will cross 7000$ in a row.

Willitivity

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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.

crazycatwoman03

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Quote from: Gozie51 on October 21, 2017, 09:41:11 AM

Quote from: izumaki on October 21, 2017, 09:31:07 AM

the thing here is that Bitcoin is like gold, and like gold it has to pass through fire to become what it is today, so Bitcoin is the fire purging the whole crypto space, at the moment i think no other currency in the world can shake the price, remember that alot of people are seeing what Bitcoin could be in the future... at the moment i think Bitcoin could only drop to maximum of 4500$ and head straight to 8000$

I also expect that to happen. Maybe a dip will happen after the fork to shake off the market before another trend will be formed. Consequently , I don't expect that new trend to keep seeing bitcoin diving downwards. This is because users have realised that bitcoin has a great capacity to come back to bullish over time and so many would still hold in there wallet to expect further growth. This will help bitcoin.

Right, bitcoin will be like that. It won't be beaten that easy by a new coin and we know that bitcoin has surpasses many things and have proven already how strong it is as the most popular and most in demand virtual currency. Many people are getting interested in bitcoin now and if ever the fork results to a big dump, I hope for bitcoin to recover immediately.

craZyLovE0916

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I suspect that the fork will lead to the same result Bitcoin Cash did, where the new coind will gain some traction at first, but ultimately fail and the money will flow back into Bitcoin.

raven7886

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Quote from: Gozie51 on October 21, 2017, 09:41:11 AM

Quote from: izumaki on October 21, 2017, 09:31:07 AM

the thing here is that Bitcoin is like gold, and like gold it has to pass through fire to become what it is today, so Bitcoin is the fire purging the whole crypto space, at the moment i think no other currency in the world can shake the price, remember that alot of people are seeing what Bitcoin could be in the future... at the moment i think Bitcoin could only drop to maximum of 4500$ and head straight to 8000$

I also expect that to happen. Maybe a dip will happen after the fork to shake off the market before another trend will be formed. Consequently , I don't expect that new trend to keep seeing bitcoin diving downwards. This is because users have realised that bitcoin has a great capacity to come back to bullish over time and so many would still hold in there wallet to expect further growth. This will help bitcoin.

That makes sense actually. Bitcoin are the most rehabilitative currency in the world right now. There are altcoins and there is gold and dollars and much other, but the beauty bitcoin have in this regard, couldn’t be made possible by any other currency.

So, like you said, people come to know now that bitcoin will come back again don’t matter how hard is the dip. It profits.

CodyAlfaridzi

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Quote from: catfishftw on October 21, 2017, 09:15:07 AM

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?

Agree. Bitcoin price will likely decrease after the fork, but not by a lot of amounts, just a tiny portion of the current price. I think we won't even get below $6000 after the fork. The main fuel for the recent rise isn't just Bitcoin Gold fork I'm sure, there is something bigger, the fork is just an icing on top of the cake.

So better to dump BTG as soon as possible and hold that extra Bitcoin tight after the fork! Cheesy

DaMut

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there 2 possibilites that will happen,
1.When the fork finished we should see Biticoin price declining due to another coin created aka Bitcoin Gold,
and when they enable their trade for it,Bitcoin price should be consolidating and then slowly recovering to its peak.
2.When the fork finished we will see a small dip,but Bitcoin will be moving upward again in the next few days,
it's because Bitcoin Gold existence do not threat Bitcoin.Because Bitcoin Gold growth depend on and supporting Bitcoin itself.
(that is what i heard from them).

The decrease after the fork is MUST,
but will it bring us another decline or not,it's only time know about that.
just based on our current price we can see it that something Big will happen soon,

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