Post
Topic
Board Speculation
Re: SW2x cancelation will crash Bitcoin
by
nidacoinlove
on 09/11/2017, 14:33:15 UTC
SW2x was Bitcoins hope. Now that scaling bitcoin is once again out of sight for the foreseeable future,  we can expect prices to fall back to levels before there was any hope. People will look for scaleable alternatives again as they did before.
We can easily fall back to 2500-3000 levels within a week. 1000-1500 within a month is very likely.
No hope, no value.
Segwit2X is only delayed at the moment mate. It doesn't mean that it's not gonna happen, it will definitely happen but will take some time with more strong protocols. The price fall mean while we are expecting is basically the flashback for what people were holding bitcoin and were not converting them into fiat to get extra bitcoin2x as announced by the exchanges. The bitcoin sales is crowded at the moment which will take a week to get back to a rest situation which will bring bitcoin price up again.