Quote from: Seansky on October 16, 2017, 11:31:02 AM

Quote from: danielgold20 on October 13, 2017, 08:24:44 PM

Theory

I think because many people are buying now BTC due to "free money" the schedule to be at November ( BTC GOLD ) I believe that its price should go down because many people also transfer there funds from altcoin to bitcoin
And it good time to buy altcoin ( maybe wait even a bit longer )

What do you think?

This is just my opinion but I think bitcoin would go down in price by a huge margin from 5500$+ to below 5300$ after the free money has been distributed. My assumption is based on the current demand bitcoin gained because of the upcoming fork that will happen in November. It will just be temporary though there is a great potential of bitcoin going way above after the said price decrease.

On the forum a lot of optimists who are hoping to see 8-10K dollars and pessimists who expect performance 5-6K dollars. I am a supporter of the pessimistic scenario. $ 6000 is really. Bitcoin can not continue to grow. It seems to me that the present situation is connected with the demand for free coins. November fork will not give such results as in August and the price of bitcoin will decrease.