Whats up guys. Trying to piece together whats going on with crypto and wanted to see what other people thought about what I was thinking was going on.
*BIP has 80% with segwit but small percentage(~20%) wants BCC for mining profitability and network speeds.
*The btc chart looks now like it did in january 2014, so Im guessing prices will fall for 9 months like it did then but not for the reasons here(
https://bitcoin.stackexchange.com/questions/35494/why-did-bitcoin-lose-value-so-fast-in-early-january-2015) but for the reason that all the new money in crypto is being hodl'ed and people taking their btc to get bcc seems to be popular.
*So large drop in price incoming, only thing Im uncertain about is the altcoin prices. They could go up to people being uncertain about btc in the drop, for people wanting to trade their btc for a safer hedge but could go down because people would rather stay safe in fiat, in the mad rush about to happen
So FUD no. xxxx. I don't see a large drop in pricing. Its only about 2 days (from my date) that the most dreaded date in bitcoin history will come. So by now, if there is a large portion of people dumping bitcoin it shoud be happening by now. But I haven't seen anything of activity activity happening. The price could drop yes, but I don't think that it will be significant as you pictured it. And it ever it will drop, it will not be 9 months. Too many technical analysis right now, you people should get a job at goldman&sachs or go for industry like stock market so that can used your expertise more.