Post
Topic
Board Speculation
Re: Price Drops are only temporary right?
by
bytomboy1234
on 18/11/2017, 18:15:41 UTC
I mean forks are there and if it goes over it it will increase price right?

At most times, the price of bitcoin increases very high before the fork, then when the fork comes, the price drops (2-3 days before the fork), which is setting a new price balance, and after the fork, the price will rise and keep rising.
They said this was due to bitcoin price corrections in which if they start correcting the bitcoin value will fall down and the altcoins will go up as the opposite reaction. I don't want to believe it and i hope this is not of what they are trying to say and explained before because i'm thinking those post about correction is just a propaganda to reduce bitcoin and to become cheaper once again.