Post
Topic
Board Economics
Re: Tell me your predictions about Bitcoin
by
1Referee
on 28/03/2017, 11:23:57 UTC
But there is one problem - the plug. Still, if it happens, we can no longer talk about the growth of the bitcoin price for several months. This will be a big step backwards

What do you mean with the plug? If you're referring to the potential hardfork, then it will indeed cause a massive decline that could last months before we see somewhat of a recovery process starting up. But that's only if there will be an unsuccessful hard fork. Right now people can only speculate based on how much support miners signal for BU. I still think that the chances are high that it's only done to 'scare off' Core developers to come up with a mid-way solution. I can't seriously believe that miners are willing to jeopardise their own operations to allow Bitcoin to fork. But then again, there are enough people with a massive hunger for power that might be willing to pull the trigger. RV & JW I am referring to.