Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Speculation
Re: Will the BTC price go up or down after the 25th Oct fork?
by
stolendata
on 26/10/2017, 22:04:40 UTC
Quote from: Ayiranorea on October 26, 2017, 05:28:56 PM
Quote from: South Park on October 26, 2017, 04:44:01 PM
Quote from: Unplugged on October 25, 2017, 03:32:32 AM
Quote from: CodyAlfaridzi on October 19, 2017, 08:47:56 AM
It will slightly go down I think. The recent price rally and stability in $5500 range may be caused by people who bought BTC in order to get free BCG fork coin. After holding those BTC, people may dump it back and causing a slight downward movement.

Answer to 2nd question, yes. I personally think that holding BTC is always a good move for the long term. I've proved that so far. So, hold those BTC and sell BTG for free BTC as soon as possible Cheesy

Totally agree with you opinion. The pricing of Bitcoin after October 25 will be decrease but not to the point lower than $5000. It would normalize to $5400-5700 and will climb eventually.
The price is already climbing we are at 5950 dollar per bitcoin, this show to us how difficult is to predict the price and the movements of bitcoin, lets see if we are able to reach an all time high or if the price is going to remain at that level for quite some time.
The price has been climbing and soon this will cross the $6000 to set another new ath. This time can expect the price pumping to continue till the segwit2x. Anyhow before the year ends we can experience the $7000 mark if the same growth continues.
It was expected that after hard, poeple will star selling their bitcoin so as to secure their profit, but i think we can see that the price of bitcoin is still trading in a good price and there is no such selling still seen, people even more eager to buy and continue holding their bitcoin. i think that this trend will now continue for a long time and therefor it is now the best time to invest money in bitcoin.