Post
Topic
Board Speculation
Re: SW2x cancelation will crash Bitcoin
by
polymerbatt
on 09/11/2017, 17:28:44 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.

1000-1500 really ? Even without segwit2x the price will stay on $5,000 or at least $3,000 minimum, no way the bitcoin price can fall so hard into $1000, i'm sure of it. The bitcoin price will fall for sure because of this cancelation but it will bounce back very soon on the next month.