Post
Topic
Board Bitcoin Discussion
Re: November real test for Bitcoin ?
by
Cormoran
on 30/08/2017, 17:57:13 UTC
Hello Guys , i am planning to invest in Bitcoin but after doing some research i found that some experts are suggesting that we can see more fluctuation in the month of November as Bitcoin can have another hardfork somewhere around in Novemeber when Block 494,784 gets mined. Segwit2x Team plans to enable the Bitcoin's miners to run new software at block 494,784 and if its enacted it can create another hardofork for Bitcoin. So what does this means for us investors , worst fluctuation that we saw in the month of July or the prices will only fall to the current level ?

Let me know your thoughts.



From what I've been hearing on the forums, people seem to be gung-ho about November... which suggests to me that we won't actually see much of a dip before it, but could see one afterwards if there are unanticipated technical difficulties getting everything working with whatever changes are made. If everyone's expecting to buy BTC right before the fork and then see it soar in value as well as getting the altcoin, it will probably have the opposite effect in reality, the moment there are any difficulties anyway.