Quote from: South Park on October 24, 2017, 10:26:24 PM

Quote from: pitiflin on October 23, 2017, 04:02:33 PM

Quote from: sydcrypt on October 19, 2017, 07:59:06 AM

As of now the price of BTC seems to be picking up, thanks to the upcoming fork and the complimentary BTG it assures to provide. But what after that? Would it be wise to hold BTC even after fork or sell it as soon as BTG is handed to us?

Now you can see that price is kind of being dumped, and buying of bitcoin is comparatively lesser than how it was 2 days ago. Yobit listed Bitcoin Gold I believe now itself and the price of one bitcoin gold is 0.08 bitcoin. Now bitcoin will drop and people will turn their attention to altcoins.

I think it is too soon for that, after the fork of bitcoin gold we are going to get another fork the segwit2x fork so people are still going to concentrate on bitcoin for at least a month and it is possible this is going to continue for a time after the fork maybe to the end of the year.

Although is not possible to give 100% prediction about bitcoin price, after studying the market and get analysis of some expert people we can come to the conclusion that bitcoin price is going to pass through a correction period, therefore most of the investors are expecting a dump here, but they are confident too that this decrease will be for a short time and after that bitcoin price will start raising again, and will hopefully hit $7000 very smoothly.