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Hi guys! What do you think, will bitcoin fall to $ 3000 in the near future?

Can it fall? I think it can but it is not going to happen without a good reason, not even all the China FUD was enough to make bitcoin drop that low, but I think the coming fork may have the strength to make the price drop that low, so if you have the money take that opportunity and buy cheap bitcoin.

Or it could be possible that this fork ends up having the same consequences as the last fork we went through. We saw Bitcoin go up significantly actually from the introduction of Bitcoin Cash.

That is a possibility but for the previous fork only a minority of the miners got out of bitcoin to mine bitcoin cash, but in this next fork it seems a great deal of the hash rate may go to segwit2x and that could cause a lot of problems to bitcoin since the network will be very slow due to the difficulty not adjusting immediately after the fork.

Yeah, there seems to be a lot more concern out there about which way the big players are going to go. And it's not just about which way they initially choose to go, but also which way they ultimately choose to go, which may not be the same. If a bunch of entities jump to the new fork, but a bunch refuse, we could end up with a very messy tug-of-war that cause a lot of chaos until things resolve one way or the other. Hopefully the general direction that everyone is going to take will become clear as we approach the fork. Otherwise, we may see a huge selloff prior the fork, if no one has a clue about what's going to happen.

Correct I think at the end it is going to come down to which one of the chains is more profitable, if most of the hash rate can move to segwit2x and obtain profits that way then it is possible that they keep supporting that chain for the long term, but if that is not possible, it is possible we are going to see some miners switching chains once in a while looking for the one where they get the biggest profits.

Yeah. And actually that brings up an interesting question: what would happen if we end up with two coins that each receive about half of the mining power currently dedicated to bitcoin? Would the price of each coin be about half of what bitcoin is now, so around $2100-$2200? I guess price and hash rate are going to have to reach some kind of equilibrium after a little bit. Low price and high hash rate are not sustainable, of course.

At the end users are the ones that give value to the blockchain, the miners have the advantage that they were able to get some important businesses on their side, while most other businesses have not taken a stance, so if they convince enough of these businesses then it is possible that users will be forced to use the segwit2x coin.