Post
Topic
Board Speculation
Re: 1st Aug event: Possible Bitcoin pump?
by
wuvdoll
on 13/07/2017, 20:08:29 UTC
Most of people speculate bitcoin dump because of 1st Aug event. But this is one of my assumptions: most of people will withdraw their bitcoin to the wallet, there will be less bitcoin on exchange causing low supply >>> price will increase. What's your opinion?
Seems a practical predictions but we need to consider the sentiment of most people as bitcoin may have blockchain split as not all miners will be ready to accept what segit and segwit2x demonstrate. The blockchain split may get less significance when miners may form a working consensus which will secure our bitcoins more efficiently like all miners may start working accepting the one single type of fork. In this case too I guess bitcoin prices may start skyrocketing.