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Topic: Where will the money go after the BTC fork??? (Read 1465 times)

sr. member
Activity: 812
Merit: 251
October 24, 2017, 09:26:34 AM
#56
I remember last Fork right when the fork happened, tons of money got poured back into alts for a couple days.

Where do you think more money will be put into Fiat, alts, or BTC after the fork???


This has been discussed so many times, the last that has been happened was bitcoin cash where at the start its pumped up quickly after a weeks then after 2 months  it dumped continuously, and now BTG  I think was worst than BCH in my opinion only. So, the bitcoin holder must not panic actually, just stay calm and relax. Keep your Bitcoin in your safest wallet like electrum or multibit hd.
full member
Activity: 616
Merit: 102
I remember last Fork right when the fork happened, tons of money got poured back into alts for a couple days.

Where do you think more money will be put into Fiat, alts, or BTC after the fork???

If you ask me I think that more money will be put into fiat and alts after the bitcoin fork. Investors and traders will take some of their profit after the fork convert it to fiat and some will be put into alts . After the dump of bitcoin  it will reverse  Grin the money in alts will be out back to bitcoin.  Grin then price of bitcoin will go higher than before.
sr. member
Activity: 568
Merit: 254
I remember last Fork right when the fork happened, tons of money got poured back into alts for a couple days.

Where do you think more money will be put into Fiat, alts, or BTC after the fork???

It is just a cycle, it will pour again in alts, others will choose fiat to pay their bills and rents and others will stay on bitcoin for long term investment. Juat make sure your investment is in the right trend to avoid loses.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
i think money will go to the big whales and us because we are selling our bitcoin to exchange into cash and some of this bitcoin will use to buy altcoin. i think after the BTC fork, there will be any good progress for altcoin so for people which waiting altcoin is rising then i think soon the altcoin will increase back. if we are see what is happen in the exchanges today, almost all altcoin price is starting to increase and some of them is trying to go back to the last time high price so i think we should prepare to see the chance for selling our altcoin.
sr. member
Activity: 602
Merit: 250
full member
Activity: 294
Merit: 114
I think after the hard money, the money will immediately go to the altcoyins. So be careful and attentive. Buy out perspective coins while there is such an opportunity.
I think a lot of money wiil be flowed toward Altcoins acpecialy after the fork of bitcoin. and the btc holders will even more richer . altcoins are the future.

I think Altcoin is good and can provide an opportunity for us with the increasingly tight competition from Bitcoin. But if I was told to sell Bitcoin because of hardfork, I do not think I would.

Some people instead use fork to buy Bitcoin, because at that time the price of Bitcoin is down. I myself will keep collecting Bitcoin and keep Bitcoin to my wallet as much as possible. Despite hardfork, I still will not sell my Bitcoin. I learned from my experience that Bitcoin prices will always go up every year. So we have to stay patient, not just for a few months, but for years.
legendary
Activity: 1904
Merit: 1277
As expected - money has flowed back into alts with btc dropping.
Operated like clock work, I monitored coinmarketcap for an hour after the fork and it couldn't of been more timely.

I wonder if we will we a larger scale version of this after the 2x fork?

I wonder the same thing. It could well happen, as 2x is much more of a big deal than bitcoin gold is/was. 2x could end up being like it was this summer with the first part of segwit.
sr. member
Activity: 561
Merit: 255
Going stealthy
Back to altcoins.
legendary
Activity: 968
Merit: 1000
einc.io
Now it looks like the money will go nowhere... They just stuck at BTC until the next hardfork at the middle of next month. But maybe not everyone knows about BTG release and still hold their BTC.
full member
Activity: 462
Merit: 114
I think after the hard money, the money will immediately go to the altcoyins. So be careful and attentive. Buy out perspective coins while there is such an opportunity.
hero member
Activity: 722
Merit: 501
i think a lot of money wiil be flowed toward Altcoins acpecialy after the fork of bitcoin. and the btc holders will even more richer . altcoins are the future.
full member
Activity: 216
Merit: 100
I'm thinking going in to alts honestly. Maybe some convert to btc, some taking free fiat. But the primary big holder of BTC who benefit from the fork the most will prob go into alts. My guess

So you are going to hold your BTC until after the fork so you do receive BTG?

I think most of BTG receivers will just cash out. And free money will go to altcoins, I hope so
hero member
Activity: 728
Merit: 500
The money will be flowing into altcoin market, you know this is the correct choice because altcoins are depleted after the bitcoin bull run. Money will flow back.
full member
Activity: 238
Merit: 100
Alt coins have jumped massively in the last few hours across the board.  Question answered. Smiley
legendary
Activity: 2383
Merit: 1551
dogs are cute.
I remember last Fork right when the fork happened, tons of money got poured back into alts for a couple days.

Where do you think more money will be put into Fiat, alts, or BTC after the fork???

1.Altcoins!
2.Same as number 1
3.Same as number 2
Altcoins will be all the trend or hype or an attractive investment that people will soon seek after the fork occurs. So basically bitcoin will be stable and fluctuating around 5400-5800. Alts will regain it's price and people who sold their altcoins in fear will now regret.
member
Activity: 101
Merit: 10
From the Ocean back to Ocean, there is no other place to go  Cheesy Wink

Definitely money will flow to all Alt, specially Top 20 on Coin market cap. But dont be excited Segwit2x fork is also upcoming in mid Nov!
full member
Activity: 210
Merit: 103
I would love to see money pour back into alts.  I've taken a beating there.  But what's going to happen with the Segwit2x fork?  Won't people want to get back into BTC if a new coin will be launched.... Will they leave at all, before Nov 17?
member
Activity: 126
Merit: 10
Not sure, it might go into alts because so much was taken out.
member
Activity: 98
Merit: 10
Basically,  the money here just keeps revolving. When the Bitcoin fork was announced, alot of people sold their Altcoins to raise enough BTC in order to get more BTG, after the fork, the money will come back to alts and the price of Bitcoin will dip a little.

So do you think most people will be dumping their BTG that they got for 'free' and keep their BTC? If a whole bunch of BTG is getting dumped that money has to go somewhere - so yeah I agree that money will come back into alts.
full member
Activity: 168
Merit: 100
Seeing here that a lot of people will dump their Bitcoin Gold immediately after the fork I just want to remind everyone to stay safe and handle their bitcoin as secure as possible after the fork. I guess a lot of hackers will try to take advantage of the situation.

In my opinion BTC/Alt market will move back to a 50/50 ratio again. I also think that's the healthiest ratio at the moment.
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