Post
Topic
Board Trading Discussion
Re: Cancellation of Segwit2x and it's effect on BTC value
by
DevelopmentBank
on 09/11/2017, 04:34:25 UTC
Very unprofessional advice:

My guess would be that bitcoin's price will dip a bit. Probably just as low as 5%-10% as I think that a lot of people will go full FOMO because of altcoins currently skyrocketing in price. Also, knowing that most people realize that they aren't getting any free forked bitcoin as s2x has been canceled.

Thanks for that. Good answer. I was initially having the same thoughts as well however i've been reading articles on this cancellation and from the comments it seems some people are actually happy because they think bitcoin is more secure and stable now. Can't help but wonder how many feel that way and if they can drive the price upwards.