Post
Topic
Board Speculation
Re: SW2x cancelation will crash Bitcoin
by
nydiacaskey01
on 09/11/2017, 15:48:17 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.
Even without Segwit or hard fork, Bitcoins price will go up and that's because of the increasing demand due to more and more people are getting interested with Bitcoins. People nowadays see Bitcoin as a good investment rather than an alternate to Paypal. A pull back or correction will be felt but I see no reason for Bitcoin to crash or dive to $3,000 USD.