Post
Topic
Board Speculation
Re: Price Drops are only temporary right?
by
wurth
on 14/11/2017, 05:54:17 UTC
I mean forks are there and if it goes over it it will increase price right?
Nowadays,forks are made not for the benefit of bitcoin,but for their own interests.The only benefit from a fork is for the buyer who waits to buy bitcoin on a price dip and due to panic selling before the fork,price falls and cheap bitcoins could be bought.But nowadays,this trend has changed and people buy more bitcoins before the hard forks to claim free coins and so,nowadays,bitcoin price rises before the hard fork.
It is just a simple look, although your words is not wrong all, but you must to know the Bitcoin miners are the people can get most benefit from hardfork. If they can not get good benefit, they will cancel the hardfork as SegWit2x recently.