Post
Topic
Board Speculation (Altcoins)
Re: Is Gulden a good investment?
by
CryptoObserver
on 22/10/2017, 05:20:08 UTC
I read the bitcoin price is rocketing because of the Hard fork called bitcoin gold and you can get as much bitcoin gold as you have bitcoin. Gulden has to suffer another 10 days before bitcoin dumps , not sure if traders will dump before the fork or after the fork.

Yeah, but that effect is also wearing off again (people who think to profit from this already bought in, and have few funds left). Those people expect that Bitcoin Gold will react the same as Bitcoin Cash, but I don't believe that. Bitcoin Cash has some credit that it solved a problem with Bitcoin. Bitcoin Gold is just a quick money grab attempt, if you're quick enough you can profit from it, but many will loose money with it.


Yes, savvy traders will dump bitcoin before the fork because bitcoin gold will not be another bitcoin cash. Traders still have until next week to pick up cheap Gulden SO PLEASE don't pump the price , there is traders that will sell Gulden at any amount to hold bitcoin before the fork.

Will we get one more Gulden dump before the bitcoin Hard Fork? Would like to get some more long term purchases below 1700 sats

Bitcoin price should peak sometime this week as we are 8 days from the Bitcoin Gold hardfork, if you are planning to get back into Gulden you still have a few more days.
Advice is to buy bitcoin now, put a low buy order between 1400 and 1600 and wait for a desperate trader to dump when bitcoin goes over $6000. There will also be a window of about 1hr where Gulden will drop to $7 when bitcoin is dumped and Gulden price has not reacted.

It's playing out exactly how I thought it would. Very predictable. The btc dump will be hard.

Much Respect to your analysis, bitcoin is starting to dump after passing $6200 but Gulden price is not reacting yet while other alts are recovering already.

Gulden is ranked 116 on CMC, lowest I have seen the coin for a long time, next 2 days might be the best buying point?