Topic: Will the BTC price go up or down after the 25th Oct fork? (Read 2625 times)

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.

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.

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.

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.

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.

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.

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.

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.

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/

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.

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.

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

$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.

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.

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.

I am looking to create an ICO announcement thread here on bitcointalk. Looking for any one who provide that service I will appreciate it. Or I can get your junior member thread. Please contact me at @BoonTech (telegram handle)

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.

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.

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.

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.

after bitcoin price incraese very high, because all buyer want get BTG
after BTG launch and all holder BTC get BTG, all BTC holder can sell bitcoin, so bitcoin price can down price and crash, maybe until under 5000 dollar

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.

The price falls a little as some people have bought bitcoin as a short-term investment to earn money due to high demand before the fork. These investors sell their bitcoins and cause the price to fall. But It won't last very long. Because demand will be high soon as there will be another fork.

https://i.imgur.com/95ycM0H.jpg

enjoy your evening!

I do not think there is going to be a drop in the price of bitcoin there is another fork coming so what it is the point to get out of bitcoin when you have another opportunity to make a lot of money with yet another fork, however after we get that fork in November is possible we see a reduction in the price of bitcoin.

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

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.

Nah I don't think so. It will just have some few correction but not a downfall.
Yeah maybe there are some people will sell their bitcoin after the hardfork and that will somehow affect the price and bitcoin gold won't affect the price of bitcoin as btg is just another new born altcoin here and its too small to hurt bitcoin.

I think it's more of the price of bitcoin will probably go down because of these hard fork. Since they will introduce new coins in the market bitcoin price will be affected, but eventhough this can possibly happen I'm still sure that it will recover soon and will give a good pump. I am still positive that bitcoin will continue to appreciate in the coming years.

Yes after hard fork we can expect a little correction after hardfork. but as bitcoin alwasys get a strong support from its users, therefore we can expect that the price of bitcoin will not too much effect by the hard for and there will be a minor and temporary downfall in the price of bitcoin and hopefull very soon it will recover its position again, because bitcoin has a lot of potential and its price will even continue increasing for a long long time.

Others are holding their breath til the fork is over. Bitcoin Gold might halts the ongoing bicoin price uptrend temporarily but it may eventually recover. If there is enough support for bitcoin then it well might overcome all the forthcoming hardfork/segwit2x that will happen later this year. If the bitcoin price will go down as expected, it's time to buy again and wait for another uptrend.

That would be the best thing for you to do but there's some point that came out to my mind since I think that BTC price will fall a bit since after the holders receive there BTCG share they will dump it and cash it out with fiat so the btc maybe get affected from this doings, but we shouldn't act miserably and we should look for positive times would come so that the pump will came again after the hardfork after effect.

We should atleast hold bitcoin for a few more days after the fork so that it would be clear that bitcoin would go up or down.

As we can see the price of bitcoin is going at an all time high days before bitcoin gold, many are buying bitcoins in order to have free cash in the form of bitcoin gold, what i think is after the october's fork, bitcoin's price will slightly go down, since most will be doing profit taking, since they will see a very postive gain during thr fork and a few days after the price of bitcoin will go down, i think around 5000 usd to 5500 usd, for the correction, since there is an obvious pump of bitcoin that is going on, however there is still the november's fork, it is also possible, that there will just be a slight dump after bitcoin gold, and people might wanted to hit two bird's with one stone here and the correction might happen after novembef's fork, but one thing is for sure, there will be profit taking after bitcoin gold and there will be a drop of price because of it.

Here's my view on this:

I can only imagine the BTC going down immediately, by how much I of course don't know, but we pretty much all expect it.
It's not so much panic (alone, but that will certainly add to it) that will make it go down, but simply a strategy. It will initially dip because some have already predicted it will, and thus will sell asap.

People seem to be heavily betting on this, and it can be done in 2 ways:

1. get four free BTG, sell it, free money. But of course it's naive. If the BTG's value is less than how much the BTC will go down, you lost (whether you just bought your BTC just for that or not).

2. sell your BTC now while the price is artificially up (and it is, since all other coins went down, so that's the only reason BTC went up), which is what I did. Then once the BTC has dipped, buy it again (predicting the bottom of the dip being another story of course).


Which one is gonna be the best bet? Who really knows.. Both ways look as valid to me. What's sure is that any money you don't make from a BTC dip, it's money you lose just like money you lose by not getting "free" BTG.
In any case, "I'll just sell my free BTG at a high price (yeah..) and sell my BTC right before the dip" or "I'll sell my free BTG and expect my BTC to keep going up", I think that's rather naive. Yeah perhaps a few happy ones will get their BTG early & will be able to react quickly enough.

Perhaps the BTC won't dip and the BTG will have no value. Perhaps it will dip and the BTG's value will cover that, or won't. Perhaps BTC won't dip and BTG will have a high value - I doubt it but that's the bet.

Oh and yeah, it's lucky/unlucky that this is happening right at the cross of a $6000 round number (and that it also coincides with a 5000eur-ish key mark). That's what makes the origin of the fluctuation uncertain. BUT also consider that the volume is still mostly JPY, so it's not THAT relevant to cross round numbers in USD.
(& yeah I don't wanna sound pessimistic, because BTC looks solid, but do keep in mind that the value of your BTC is heaving relying on that one country: Japan. If Japan alone decided, your bitcoin's value would drop to zero)

in fact at that stage we can expect a little correction. 6000$ is a huge increase in the price of bitcoin and therefore it is expected that the price of bitcoin will take a little correction and therefore we can expect a little decrease in the price of bitcoin. i think we need to stay for that time and when get the opportunity should invest money there.

I’ve been having the same thoughts. It’s possible that this fotk will have the same results as the BitcoinCash fork had. Just as what happened in that fork, most of the solid Bitcoin supporters has decided to sell theirBitcoinCash the moment they got it. This may also happen with BitcoinGold because most still highly support BTC and just want to get free money from the alt. As for the price, I’m sure it will experience a steady increase after the fork.

I actually don't think bitcoin will drop after the bitcoin gold fork. I think it will keep rallying to the upside perhaps even hitting a high of $7000+ until the segwit 2x fork happens.
Things could become messy and that combined with the big price surge could result in a major correction.

Keep your bitcoin, it is very obvious to me that is going to go up since people are going to dump their bitcoin gold as fast as they can then that will increase demand and the price is going to go up at least a few hundred dollars, after that you can sell if you want.

till now new fork will effect of bitcoin at short range but for long one price will up

I expect altcoin party after the fork. And arround 2018 new fresh money will come. The market will dance as never before

Btc price would most likely go dump as soon as BTG is distributed after all, many people have he added btc up to this day just for the upcoming fork to get free money. The wisest move probably is to sell btc as soon as BTG has been distributed because probably others will do the same and it is better to sell earlier than those big whales holding a lot of btc. Time will present another opportunity to buy cheap bitcoin a day or two after fork.

It's hard to say because now is behaving diferently from the previous fork. With bch fork it was dumped before and pumped after. Now is being pumped so I really have no clue.

i think after the fork, the price is getting down for a while like usual and we have seen this before. so i think it will be our best time to buy bitcoin again like every one said because the price is lower than today. we still have few days to expecting the highest price of bitcoin and although we don't know what will happen with the fork, we can hope that the bitcoin price will be increase more after we buy at lower price.

new fork pumped price so if any thing go wrong price will down a lot . till that happen enjoy rise

Actually I expect bitcoin value to go down after the bitcoin gold fork just like what happened on the bitcoin cash, It was actually a good opprunity to buy more bitcoins so for now I am selling some of my bitcoins and when the price drop came I will buy more bitcoins .

I guess we all kinda predict after the fork, BTC will drop for a little bit, but not significant and after a while will starting to pick it up again.

I feel the same way, it just strange how our behavior is so predicted, some could make a profit from that.

You know what they say, if you want to stand out, dont follow the crowd.

October 25th, that is the bitcoin gold fork as far as I can remember.
I really doubt that has any influence on bitcoin price.

The 2x fork in November in the other hand, that is another story.
Predictions say that over 80% of the miners still support the new coin.
I do not know what a bitcoin will be worth if it has only 20% of the hashing power it has today.

We are not sure what is going to happen on bitcoin's price when after the incoming fork this October 25, but all I know is whatever is going to happen, we don't have to sell our bitcoin, we just have to hold it until it reach the prediction price this year which is $10000 I think per bitcoin, and we are going to lose a huge profits if we are going to do panic selling in case that bitcoin's price is going to DUMP again.

The last fork Bitcoin Cash ended up with a decent push to $4500 after the rumors. The alt was pushed upwards heavily and reached over $600 on its first week. Afterwards, the price slowly decreased as the price of bitcoin slowly climbs upward. My opinion is that these forks are only being milked for profits and afterwards all the money that went to it would slowly be transferred over to bitcoin. See the graphs, it don't lie.

My opinion BTC price will go up after the 25th Oct fork because the media are able to continually report on bitcoin during a hard fork, and over a period of time after split. More persons will know and want to buy bitcoin and invest after Oct.

Hi, I think There would be the demand of Bitcoin before the October 25th Fork, so people could get free Bitcoin Gold.The fork could cause fall in Bitcoin Price but I don’t expect the October 25th fork to substantially reduce the price of Bitcoin.

Please contact us in our telegram handle @BoonTech if you are interested to handle our bitcointalk announcement page

I wonder if we should sell our bitcoin at this time. Hard forks are good news. But it feels too fast. I'm going to sell some bitcoins. That's a strange idea. I always thought the dollar was the safest. What do you think?

i think yes, bitcoin price will fall after fork than raise up again surely

Yes, it will likely go down. The price we are seeing for BTC now is the price of two coins inside one (BTC and BTG).

What will likely happen is that part of the value will go probably to BTG at the beginning, then, as people sell BTG, will have more BTC but less $ value for each, the total value remaining more or less the same.

i think after the hardfork btc is going down. like bitcoin cash before..  some btc holder for now is waiting for the maximum price because they know after the hardfork btc is going down..many btc holder sell there bitcoin  and back to altcoin so the result is btc is going dump..and this is the time of people who wait for the low price to buy...

BTC will breath to watch the effect of Oct 25Th and after wards move northward. As at 20th Oct 2017 BTC surged past $5K and hits $6k. I am seeing $10K mark before the fall of the year.

Some of them are just riding the BTG vibe profit as they can gain bitcoin gold after the hard fork eventually, it will have a decrease due to the people who are starting to move and trade again to the other altcoins. For now the people store their bitcoins untouchable until all is clear will be declared after the fork, bitcoin will go to $7000 next year so better hold some of your bitcoins.

To be honest, I think all these issue with forks isn’t becoming a huge distractions. People can just go and create their own cryptos and build it up instead of continually diving bitcoin and creating money with huge value for themselves. It’s stealing.

Buyers have been buying for the fork. Some will sell and return to altcoins. Dip,if any,will be temporary. Bitcoin will continue to rise year on year.

personally i feel it will be a buyable dip on the way to 10,000$

With BTC crossing the $6000 barrier, looks promising at the moment. Yet unpredictable what course this might take after the fork. For now, it does appear a good time to spare some $$ buy up alt coins while the prices are low, while the majority will still be in BTC.

we have seen the big red candle yesterday which the price is down too deep but the price finally increase now and reach $56xx and i think it will be second to down again in next week. its just only my prediction and i know i can could be wrong and its better to waiting for what will happen later. i think in few days later, the price is going to be up and down many times so don't be afraid.

I think so too .. that it will go down by ~$500-$800 and then stabilize for a short while before it starts climbing again.. only time can tell

Look at how did Bitcoin Cash fork go. My guess is this will be similar. BCG will probably have some huge swings up and down before finally stabilizing at some value. BTC will maybe jump a bit but real increase in value will probably happen after SegWit2x fork ends in November.

Depends.

If they see 1 big red candle. Everyone will panic sell their coins after the BTG fork.

You know what? I don't really care about BTG. It will die.

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

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?