Can upcoming Segwit2x destabilize BTC in the long run? And do you expect some price volatility with that?
I think the worst case scenario would happen when 3rd Bitcoin will emerge. I don't think it will be healthy for our crypto ecosystem.
People like to spread FUD saying that there will be some sort of crash with price. Similar things have been said before 1st August and BTC actually went bullish up to 5k.
Do you believe this upgrade will push Bitcoin to 10.000$ levels?
It may go because just like previous segwit2x we got duplicate of btc as another altcoin same thing we will get another altcoin and both this altcoin will move high for some time but in long run the original btc will only survive and go up. So i think this segwit2x will only create another altcoin which is good oppurtunity for bitcoin holders to get another altcoin freely and encash it to sell and make more btc profit.
Yeah, "free money" is nice but in the long run it may hurt crypto space.
Upcoming segwit x2 event may be the most important factor stopping the price from rise.
Can you elaborate?