Quote from: yasher on October 15, 2017, 02:36:19 PM

Quote from: TheCoinFinder on October 15, 2017, 09:40:37 AM

Quote from: yasher on October 13, 2017, 12:02:04 PM

As the price of BTC is increasing on an upward trend and falls only by few bucks, short-term Alternative Coin traders are crying blood. I believe it is due to the upcoming fork. How many more forks are we expecting in the future? It seems that through forks they are pumping the price of btc and once the price becomes stagnant they will start another fork.

Yeah, i think the sudden overwhelming demand of bitcoin occured due to upcoming possiblity of bitcoin gold fork.
People are engaged in pursuit of more and more btc, hence traders predict its position will be at peak.
I am in hope of its continueous increase after fork so that we can take sufficient profits from it.

Exactly, after the fork will the price of btc still increase? Maybe yes, but how much and until when? If the price after the fork plummets or become stagnant will we expect another fork by the next month? Will it be a trend so people will hoard as much bitcoin as possible.

This is the sure thing that after every dump there is a pump that takes prices to the extreme level and example is here china decision created a fork and prices go down to the 3000$ and now pump occurs due to user demand increase and price are at 5000$ and still counting on and this path will lead more toward the more high prices.