Will the BTC price go up or down after the 25th Oct fork?

stolendata

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Quote from: Ayiranorea on October 26, 2017, 12:28:56 PM

Quote from: South Park on October 26, 2017, 11:44:01 AM

Quote from: Unplugged on October 24, 2017, 10:32:32 PM

Quote from: CodyAlfaridzi on October 19, 2017, 03:47:56 AM

It will slightly go down I think. The recent price rally and stability in $5500 range may be caused by people who bought BTC in order to get free BCG fork coin. After holding those BTC, people may dump it back and causing a slight downward movement.

Answer to 2nd question, yes. I personally think that holding BTC is always a good move for the long term. I've proved that so far. So, hold those BTC and sell BTG for free BTC as soon as possible Cheesy

Totally agree with you opinion. The pricing of Bitcoin after October 25 will be decrease but not to the point lower than $5000. It would normalize to $5400-5700 and will climb eventually.

The price is already climbing we are at 5950 dollar per bitcoin, this show to us how difficult is to predict the price and the movements of bitcoin, lets see if we are able to reach an all time high or if the price is going to remain at that level for quite some time.

The price has been climbing and soon this will cross the $6000 to set another new ath. This time can expect the price pumping to continue till the segwit2x. Anyhow before the year ends we can experience the $7000 mark if the same growth continues.

It was expected that after hard, poeple will star selling their bitcoin so as to secure their profit, but i think we can see that the price of bitcoin is still trading in a good price and there is no such selling still seen, people even more eager to buy and continue holding their bitcoin. i think that this trend will now continue for a long time and therefor it is now the best time to invest money in bitcoin.

Ayiranorea

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Quote from: South Park on October 26, 2017, 11:44:01 AM

Quote from: Unplugged on October 24, 2017, 10:32:32 PM

Quote from: CodyAlfaridzi on October 19, 2017, 03:47:56 AM

It will slightly go down I think. The recent price rally and stability in $5500 range may be caused by people who bought BTC in order to get free BCG fork coin. After holding those BTC, people may dump it back and causing a slight downward movement.

Answer to 2nd question, yes. I personally think that holding BTC is always a good move for the long term. I've proved that so far. So, hold those BTC and sell BTG for free BTC as soon as possible Cheesy

Totally agree with you opinion. The pricing of Bitcoin after October 25 will be decrease but not to the point lower than $5000. It would normalize to $5400-5700 and will climb eventually.

The price is already climbing we are at 5950 dollar per bitcoin, this show to us how difficult is to predict the price and the movements of bitcoin, lets see if we are able to reach an all time high or if the price is going to remain at that level for quite some time.

The price has been climbing and soon this will cross the $6000 to set another new ath. This time can expect the price pumping to continue till the segwit2x. Anyhow before the year ends we can experience the $7000 mark if the same growth continues.

South Park

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Quote from: Unplugged on October 24, 2017, 10:32:32 PM

Quote from: CodyAlfaridzi on October 19, 2017, 03:47:56 AM

It will slightly go down I think. The recent price rally and stability in $5500 range may be caused by people who bought BTC in order to get free BCG fork coin. After holding those BTC, people may dump it back and causing a slight downward movement.

Answer to 2nd question, yes. I personally think that holding BTC is always a good move for the long term. I've proved that so far. So, hold those BTC and sell BTG for free BTC as soon as possible Cheesy

Totally agree with you opinion. The pricing of Bitcoin after October 25 will be decrease but not to the point lower than $5000. It would normalize to $5400-5700 and will climb eventually.

The price is already climbing we are at 5950 dollar per bitcoin, this show to us how difficult is to predict the price and the movements of bitcoin, lets see if we are able to reach an all time high or if the price is going to remain at that level for quite some time.

bncbnc

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Quote from: error08 on October 24, 2017, 08:41:19 PM

Today is October 25th, and bitcoin price has been declined since few days ago, drop back to $5413 right now. Well, BTG hard fork planned to occur at block 491,407 on the original blockchain which happened around 12 hours ago. But, according to BTG developers, bitcoin gold network is aiming to be open to the public by November 1st. After btg hard fork seems traders turn into altcoins, while bitcoin prices continue to decreasing, altcoins may get more attentions and huge flux of money will switch to altcoins for a while until November 2x hard fork, just maybe.

By introducing bitcoin gold the price will come down and it may be upto $5000 or less than this a little bit but bitcoin will cover its price soon because it is not a hard fork, it is just correction. It is right that traders will move towards altcoin but for the time being. I also consider the current fork a good chance for buyer to buy bitcoin in low price. I think professional and consistent traders would not miss this chance.

BitHodler

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Quote from: bitcoinmining on October 25, 2017, 03:13:28 PM

Wait for 1st of November folks, if people sell all these BTG things can be different than you think. I don't expect more than $6000 until the middle of November, following it between 5300 and 5800.

BTG has nothing to do with Bitcoin anymore, it's a purely function altcoin right now. People who wanted to cash out would have done it already, but it isn't happening because this increase was not driven by the BTG fork.

November leaves us with a far more important fork, and that's something people can't be excited about in the way they were excited about the BTG fork. SegWit2x sits on a whole different level, and people will notice this soon.

Fud will start to boil, trolls will start derailing threads, traders will likely liquidate a certain part of their positions or even use altcoins to hedge Bitcoin. BTG will get dumped to the ground when its network goes public.

bitcoinmining

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Wait for 1st of November folks, if people sell all these BTG things can be different than you think. I don't expect more than $6000 until the middle of November, following it between 5300 and 5800.

Cranidos

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Quote from: sydcrypt on October 19, 2017, 02:59:06 AM

As of now the price of BTC seems to be picking up, thanks to the upcoming fork and the complimentary BTG it assures to provide. But what after that? Would it be wise to hold BTC even after fork or sell it as soon as BTG is handed to us?

So it seems at this point, the hardfork for Bitcoin Gold was already over. Based from the current price, at around 5.5k USD, it is lower from our recent all time high valued around 6.1k USD. The discrepancy was big but this is not so surprising. Corrections eventually take place after achieving new ATH and we just witnessed the very recent one. Predicting what would be of the price after the fork for BTG is difficult not just because predicting the future is difficult but there is another hardfork at hand. It will take place this November and it might affect the price even as early as today. So just hold all your BTC and get BTG and B2X after all settled down.

HatakeKakashi

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As of now the price of bitcoin is already 5700 dollars and I hope it will happen so we can make a lpt of profit in the future. Tomorrow is october 26 and for sure we see the price of bitcoin if they increase the price or not. But I hope it will become very high and I hope we see again the price of 6k dollars . And I hope this week it will become more than 7k dollars so we can make a lot of profit.

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Quote from: hase0278 on October 25, 2017, 08:31:11 AM

Quote from: denny27 on October 25, 2017, 06:11:46 AM

I personally honestly can't be sure, but I think it seems that bitcoin price will still be able to generate a moving towards higher again, which clear I thought bitcoin price will stay above $5000 and will not go down further from it. Well I'm just guessing it only, to predicting bitcoin price that was easily influenced by many things indeed isn't easy.

Im sure for now the outcome is certain. It is now certain that bitcoin price fell after the October 25 fork. As expected it didn't fell that much. In fact it is like btc only going back to it's former price before the current fork happened. Probably today onwards, btc would be on a continuous fall of price that will last for a week or two before it recovers. There is also a possibility of bitcoin going down below 5000$ because in times when massive price increase occurs, the aftermath of it is a tremendous price decrease but I hope it won't happen soon.

Surely bitcoin price fell after the fork happened on October 25th. Conversely, our robot still "thinks" the bitcoin price will surge.
It suggests remaining long on Bitcoin again after that the most exchanged crypto in the world has surpassed the 6.000$ threshold. According to the Robot, in fact, its probability of growth in the next four weeks remains elevated and confirms its target in thirty days around 6.900/7.000$.
According to RoboAdvisorCoin, the Bitcoin’s probability of growth remains interesting and equal to 56,04% (a slight decrease with respect to the previous 57,3%) of gaining again in double digits in the short term. The eventual confirmation of the growth movement of the most exchanged crypto in the world would translate into an increasing attention towards the crypto asset class by the international investors ad for this reason represents a statistic that goes beyond the dynamics of the Bitcoin alone.

You can find the full article about our robot forecasts here: https://roboadvisorcoin.com/bitcoin-according-to-the-robot-will-fly-over-6000-shortly/

hase0278

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Quote from: denny27 on October 25, 2017, 06:11:46 AM

I personally honestly can't be sure, but I think it seems that bitcoin price will still be able to generate a moving towards higher again, which clear I thought bitcoin price will stay above $5000 and will not go down further from it. Well I'm just guessing it only, to predicting bitcoin price that was easily influenced by many things indeed isn't easy.

Im sure for now the outcome is certain. It is now certain that bitcoin price fell after the October 25 fork. As expected it didn't fell that much. In fact it is like btc only going back to it's former price before the current fork happened. Probably today onwards, btc would be on a continuous fall of price that will last for a week or two before it recovers. There is also a possibility of bitcoin going down below 5000$ because in times when massive price increase occurs, the aftermath of it is a tremendous price decrease but I hope it won't happen soon.

denny27

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I personally honestly can't be sure, but I think it seems that bitcoin price will still be able to generate a moving towards higher again, which clear I thought bitcoin price will stay above $5000 and will not go down further from it. Well I'm just guessing it only, to predicting bitcoin price that was easily influenced by many things indeed isn't easy.

bitbunnny

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We can see that the price was corrected a bit now and it’s about 5500$ to 5600$. Probably it will remain so until the November 1st when the true effects of fork will be actually in place. After that and before next fork announced for the middle of November the price will probably go up again and then the similar situation like now will follow, so another small correction. This is rather normal process, nothing to worry about and no reason for panic selling. By the end of the year Bitcoin might achieve the 7000+$.

harizen

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Quote from: redsun114 on October 24, 2017, 11:54:58 PM

Quote from: ask on October 23, 2017, 11:05:03 AM

It will go down for sure. But will not be a long run. for few weeks we will see some sellers and alt coin prices will go up

Exactly, bitcoin price down but not much that the people thinking. I don’t think that the price will come below to $5000 and then it will soon acquire his original price position so I am seeing this hard fork a chance for investors to buy with low price and enjoy it after a week time with his original price but with patience. Professionals are waiting eagerly for hard fork to buy with low price because they know the market nature.

$5,000 level or around to that can be considered as stronghold and by far the great resistance support level after the continous price increase. Since there is no expected events that can pull down the price, we can expect that support level may increase and who knows the current price will continue to experience pump for months later.

The dipping scenario today can be considered as good entry point too. Don't regret if you buy at much higher price since the moment you buy coins, you must eye a long term investment here. Patience and don't panic, soon it will be rewarded.

tamanegi

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BTC will definitely start dipping when people re-invest back to altcoins it depends if people will trade their BTC Gold to Bitcoin or flat.

redsun114

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Quote from: ask on October 23, 2017, 11:05:03 AM

It will go down for sure. But will not be a long run. for few weeks we will see some sellers and alt coin prices will go up

Exactly, bitcoin price down but not much that the people thinking. I don’t think that the price will come below to $5000 and then it will soon acquire his original price position so I am seeing this hard fork a chance for investors to buy with low price and enjoy it after a week time with his original price but with patience. Professionals are waiting eagerly for hard fork to buy with low price because they know the market nature.

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Unplugged

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Quote from: CodyAlfaridzi on October 19, 2017, 03:47:56 AM

It will slightly go down I think. The recent price rally and stability in $5500 range may be caused by people who bought BTC in order to get free BCG fork coin. After holding those BTC, people may dump it back and causing a slight downward movement.

Answer to 2nd question, yes. I personally think that holding BTC is always a good move for the long term. I've proved that so far. So, hold those BTC and sell BTG for free BTC as soon as possible Cheesy

Totally agree with you opinion. The pricing of Bitcoin after October 25 will be decrease but not to the point lower than $5000. It would normalize to $5400-5700 and will climb eventually.

btc_angela

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Quote from: error08 on October 24, 2017, 08:41:19 PM

Today is October 25th, and bitcoin price has been declined since few days ago, drop back to $5413 right now. Well, BTG hard fork planned to occur at block 491,407 on the original blockchain which happened around 12 hours ago. But, according to BTG developers, bitcoin gold network is aiming to be open to the public by November 1st. After btg hard fork seems traders turn into altcoins, while bitcoin prices continue to decreasing, altcoins may get more attentions and huge flux of money will switch to altcoins for a while until November 2x hard fork, just maybe.

I guess its really safe to say that the pump came from the altcoin sections during our $6000+ run. But we still have our best days, with the looming November fork still on schedule. Let's forgot and move forward again, the bitcoin gold has down its share to bitcoin as I have before. Although we don't like the price to go down $6000, for me the current price is still as strong as ever. No doubt that it will not fall below $5000, investors will go back and buy bitcoin at this discounted price.

error08

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Today is October 25th, and bitcoin price has been declined since few days ago, drop back to $5413 right now. Well, BTG hard fork planned to occur at block 491,407 on the original blockchain which happened around 12 hours ago. But, according to BTG developers, bitcoin gold network is aiming to be open to the public by November 1st. After btg hard fork seems traders turn into altcoins, while bitcoin prices continue to decreasing, altcoins may get more attentions and huge flux of money will switch to altcoins for a while until November 2x hard fork, just maybe.

carlerha

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Quote from: South Park on October 24, 2017, 05:26:24 PM

Quote from: pitiflin on October 23, 2017, 11:02:33 AM

Quote from: sydcrypt on October 19, 2017, 02:59:06 AM

As of now the price of BTC seems to be picking up, thanks to the upcoming fork and the complimentary BTG it assures to provide. But what after that? Would it be wise to hold BTC even after fork or sell it as soon as BTG is handed to us?

Now you can see that price is kind of being dumped, and buying of bitcoin is comparatively lesser than how it was 2 days ago. Yobit listed Bitcoin Gold I believe now itself and the price of one bitcoin gold is 0.08 bitcoin. Now bitcoin will drop and people will turn their attention to altcoins.

I think it is too soon for that, after the fork of bitcoin gold we are going to get another fork the segwit2x fork so people are still going to concentrate on bitcoin for at least a month and it is possible this is going to continue for a time after the fork maybe to the end of the year.

Although is not possible to give 100% prediction about bitcoin price, after studying the market and get analysis of some expert people we can come to the conclusion that bitcoin price is going to pass through a correction period, therefore most of the investors are expecting a dump here, but they are confident too that this decrease will be for a short time and after that bitcoin price will start raising again, and will hopefully hit $7000 very smoothly.

Topic: Will the BTC price go up or down after the 25th Oct fork? (Read 2623 times)