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Topic: Will we see all altcoins red when Segwit2x will be near ? (Read 978 times)

newbie
Activity: 56
Merit: 0
According to my observations alts go down when btc grows and alts go down when btc falls. Alts go up when btc price stabilizes. So I thing it is better to be prepared for any scenario, make everyday research of the market and if you have a trading system then strongly follow it. There are too many temptations, provocations and ambiguently read signals at the moment. Almost every day I am confused with self-contrudicrionary signals (price movement, volume behaviour etc.).
I hope that money would flow into altcoins and they flow into them at the moment, but many of altcoins even those supposed to be down now will go lower before strong upwards movement. Undecided
member
Activity: 175
Merit: 10
People are now seeing forks as free money,  so I expect some altcoins to go red then pull back after the fork
full member
Activity: 168
Merit: 100
Patience and wisdom is a key
Probably we will see some reds in Alts. People do like this "forks", but only until they'll realise that this forks is a total trash Smiley

There was a poll initiated by CT recently. The results:

51% Totally against it.
10% Totally support it.
39% Don't care.
full member
Activity: 154
Merit: 100
Yes, we will. We can not run away from the next hard fork and the segwitx2 will impact strongly to the whole cryptocurrency market. People really want to receive free coin and that is why they will buy a lot of bitcoin in order to receive bitcoinx2. Therefore, be careful while holding altcoins in that time
full member
Activity: 361
Merit: 101
The real question is will there be new forks soon? We got 2 BTC forks one after the other and then Segwit. Therefore, would we be comfortable for a while? December to August is very important. If we don't see fluctuations, there will be the least volatility.
sr. member
Activity: 1274
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
It depends a lot mate, we can not predict about what is going to happen next month. I know that it has been announced a few months ago but a lot of people doesnt know what is the real purpose of this fork.
But of course, if we think about what happened with this last fork, we can realize that the price of bitcoin will be much higher beucase people will start investing again, and altcoins will probably bleed again to a level in where we have never seem them.
That is why i dont like to invest in altcoins, they are always going down.
full member
Activity: 336
Merit: 111
btc still going up and people are still waiting for segwit2x. actually i expect that after 25 Ock alt would raise at least %80 but it just didnt happen and now people waiting for segwit2x . they still holding btc and dont wanna buy alts even ther are so cheap right now. so best invest will be btc untill 11th November.

there are so good alts waiting dumping but btc dont let them. there are two option now buy alts while they are so cheap or waiting 11th november. you make your decision.
sr. member
Activity: 588
Merit: 253
http://klokmork.com/projects/live-segwit2x-countdown-timer-with-block-data.html

Segwit2X timer. It's like November 11th. It depends on the time of finding the block.
newbie
Activity: 7
Merit: 0
This back and forth swing is really bad for the markets.. really. It's a reason why do many think the crypto space overall is overhyped, and they are correct. If people jump from one coin to another just for the sake of making money, without caring about the value of these coins or what they have to offer, then of course the markets will be volatile and unpredictable. And it's always the same patters - BTC forks, therefore everyone jumps to Alts, and when the fork is complete everyone jumps back to BTC. I doubt anyone can make easily money out of this, the stress involved on whether this actually will go through and that value will follow these forks is really arbitrarily. Investors should focus on real value, and not perceived value, or short term gains. The crypto space will grow so much within the next years that people will be banging their heads for not holding some of the tokens they sold a month ago.

It's called speculating and this is what all of trading markets including stock markets are based on.

Do you think stock investors care what an underlying company has to offer? All they really care is for the price to go up for them to earn money, and if they see company is underperforming, they will transfer their investment into another one.

I'd recommend you have a read of 'The Warren Buffett Way' by Robert Hagstrom. He is possibly the most successful investor in history, and I think that in his view, there is nothing speculative about the stock market, if you do your due diligence. I think he would argue that what the underlying company has to offer is the most important aspect of an investment decision, and the share price matters very little, if the price you paid is less than what you expect the value of the business to be in the future.  
sr. member
Activity: 364
Merit: 255
Same will happen, but I think bitcoin will drop heavier because now it's supported with the money of those, who wait for the next fork.
full member
Activity: 126
Merit: 100
This back and forth swing is really bad for the markets.. really. It's a reason why do many think the crypto space overall is overhyped, and they are correct. If people jump from one coin to another just for the sake of making money, without caring about the value of these coins or what they have to offer, then of course the markets will be volatile and unpredictable. And it's always the same patters - BTC forks, therefore everyone jumps to Alts, and when the fork is complete everyone jumps back to BTC. I doubt anyone can make easily money out of this, the stress involved on whether this actually will go through and that value will follow these forks is really arbitrarily. Investors should focus on real value, and not perceived value, or short term gains. The crypto space will grow so much within the next years that people will be banging their heads for not holding some of the tokens they sold a month ago.

It's called speculating and this is what all of trading markets including stock markets are based on.

Do you think stock investors care what an underlying company has to offer? All they really care is for the price to go up for them to earn money, and if they see company is underperforming, they will transfer their investment into another one.
member
Activity: 112
Merit: 10
This back and forth swing is really bad for the markets.. really. It's a reason why do many think the crypto space overall is overhyped, and they are correct. If people jump from one coin to another just for the sake of making money, without caring about the value of these coins or what they have to offer, then of course the markets will be volatile and unpredictable. And it's always the same patters - BTC forks, therefore everyone jumps to Alts, and when the fork is complete everyone jumps back to BTC. I doubt anyone can make easily money out of this, the stress involved on whether this actually will go through and that value will follow these forks is really arbitrarily. Investors should focus on real value, and not perceived value, or short term gains. The crypto space will grow so much within the next years that people will be banging their heads for not holding some of the tokens they sold a month ago.
legendary
Activity: 1904
Merit: 1277
How do you think guys ? It will happend again ?

I think there will be a whole market drop. The question is how much will it drop? There is a lot of uncertainty around Segwit2x, and it is often uncertainty that causes prices to start falling. I don't have an answer to how much it will fall, but I'm watching carefully.
sr. member
Activity: 2170
Merit: 254
What happened before Bitcoin Cash fork and Bitcoin Gold fork will happen again before Bitcoin Segwit2x fork. Anyone wants to have Bitcoin Segwit2x as much as possible.
I personally don't care about any of the forked "Bitcoins". Wasn't even aware of anyone mentioning the Segwit2x fork either and I haven't read about any exchanges crediting it yet.

Coinbase said they will credit it. I don't see any other exchange yet.

https://blog.coinbase.com/timeline-and-support-bitcoin-segwit2x-and-bitcoin-gold-eda72525efd

quote from article

"Any customer with a BTC balance on Coinbase at the time of the fork will be credited with an equal amount of the B2X asset on the Bitcoin2x blockchain. No action is required — we will automatically credit your account. So, if you have 5 BTC stored on Coinbase before the fork; you will have 5 BTC and 5 B2X following the event."

I am also waiting on the announcements of the major exchanges to see if they will support the segwit 2x fork. Freebitco.in will support B2X with a 1 to 1 ratio.
Anyway I think same scenario will happen regarding the price, before the fork  the price of bitcoin will go up and price of altcoins will go down as everybody will want their free coins.
member
Activity: 168
Merit: 10
I think November and early Dec will be volatile for both, BTC and alts. It you're thinking of investing in alts, I'd spread out my bids and slowly buy in, there's just no way for us to predict the market. Good advice, imo, here:

https://www.reddit.com/r/BitcoinMarkets/comments/77twjx/why_the_debate_about_blocksize_is_irrelevent_and/
hero member
Activity: 1540
Merit: 500
What happened before Bitcoin Cash fork and Bitcoin Gold fork will happen again before Bitcoin Segwit2x fork. Anyone wants to have Bitcoin Segwit2x as much as possible.
I personally don't care about any of the forked "Bitcoins". Wasn't even aware of anyone mentioning the Segwit2x fork either and I haven't read about any exchanges crediting it yet.

Coinbase said they will credit it. I don't see any other exchange yet.

https://blog.coinbase.com/timeline-and-support-bitcoin-segwit2x-and-bitcoin-gold-eda72525efd

quote from article

"Any customer with a BTC balance on Coinbase at the time of the fork will be credited with an equal amount of the B2X asset on the Bitcoin2x blockchain. No action is required — we will automatically credit your account. So, if you have 5 BTC stored on Coinbase before the fork; you will have 5 BTC and 5 B2X following the event."
sr. member
Activity: 1022
Merit: 391
If users pushed bitcoin to have bitgold free, imagine what can happen with segwit2x fork.
Bitgold is a joke compared to segwit2x; the latter is very dangerous and with fake actors in the game, they might decide to attack and destroy from inside the bitcoin core ... in fact let's not forget that segwit2x does not yet have replay protection, so it can happen to everything.

I expect a steep rise in bitcoin prices up to the fork and a sharp downturn of all the altcoin
legendary
Activity: 1218
Merit: 1000
What happened before Bitcoin Cash fork and Bitcoin Gold fork will happen again before Bitcoin Segwit2x fork. Anyone wants to have Bitcoin Segwit2x as much as possible.
I personally don't care about any of the forked "Bitcoins". Wasn't even aware of anyone mentioning the Segwit2x fork either and I haven't read about any exchanges crediting it yet.
full member
Activity: 658
Merit: 108
What happened before Bitcoin Cash fork and Bitcoin Gold fork will happen again before Bitcoin Segwit2x fork. Anyone wants to have Bitcoin Segwit2x as much as possible.
cau
full member
Activity: 156
Merit: 100
Assuming Coinbase is going to support B2X, I expect a steep rise in BTC before taking a break
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