IT might be because that people are now starting to believe in bitcoin in a way that it is becoming more palatable than other cryptocurrencies just because of its longevity and that it is still higher than some of the other currencies. It might also be that the influence and popularity of bitcoin is spreading.
I think the hype of the fork is coming into effect. The news about Bitcoin Gold and the value or profit that a bitcoin holder can take once fork is done. Probably greed is driving Bitcoin market upward since more bitcoin means more coins on the forked chain which means a profit for them.
Yes, exact same thing that happened during the Bitcoin Cash fork.
On top of that the crypto market is getting bigger since Bitcoin is in the news almost every day now.
This could be a major pump after the fork or a dump. Although bitcoin cash fork was made, does it become reliable? Does it improve? What will happen after bitcoin gold? People are still sticking to bitcoin because many investors are buying bitcoin because of its known popularity today. Many people are still asking, what is bitcoin? I think crypto market will still rise in the future
Of course everyone will stick with Bitcoin. Nobody cared about Cash or Gold to begin with. They're just alts that try to use the Bitcoin name for their own gain.
Anyway, we're probably going to see Bitcoin go down a little while altcoins start pumping after the fork.
Bitcoin regaining dominance are . Although bitcoin cash fork was made, does it become reliable? Does it improve? What will happen after bitcoin gold? People are still sticking to bitcoin because many investors are buying bitcoin because of its known popularity today and The news about Bitcoin Gold and the value or profit that a bitcoin holder can take once fork is done. Probably greed is driving Bitcoin market upward since more bitcoin means more coins on the forked chain which means a profit for them .
I doubt Bitcoin Gold is going to be worth more than $200. If BCash has been dumped so hard to $300, even with all the shilling from Roger Ver in Bitcoin.com and the rest of actors with social media influence shilling it... how can this BGold fork reach any level of relevancy?
I think it's not even going to be worth 3 figures and most people aren't even going to bother to risk making a mistake with their cold storage for such a low price. Maybe if you don't have many BTC you don't care, but people that have 5+ figures invested are taking a risk each time they have to change their cold storage in its entirety to access the forked coins.
