Ninjastic
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Re: Do you think the current crash is a biggest opportunity to grab asap?
by
Haunebu
on 06/03/2018, 16:59:55 UTC
Quote from: drm on February 16, 2018, 03:35:45 PM
Quote from: Slow death on February 16, 2018, 03:17:36 PM
Quote from: ayurvedicurea on February 16, 2018, 01:22:42 PM
Is this a cheap price grab opportunity?

Ok let's be clear, who told you that this is a cheap price? this person who told you that the price is cheap. he have some crystal ball to know if in the future the price will be too high? do not think that bitcoin will only increase in price and that the price is predestined to rise to more than $ 20,000, and it is possible that $ 10,000 or even $ 12000 is the maximum that the price rises, no one is absolutely sure that the price will reach the $ 20,000, for example of this increase today, it may be possible that people are increase because of the other free money ( hard fork), I'm talking about Bitcoin private BTCP and after that the price falls again ... the truth is that the price increases because of good news as hard fork and when we do not have good news the price do not increase much. and this year there is no good news capable of providing increases of $ 20,000


None of these forks (btcp lol who cares about that anyway)  have any influence on the bitcoin price.
I agree with you here. Based on history, majority of the bitcoin forks have had negligible impact on the value of bitcoin and the crypto market on the whole. Bitcoin cash was the only fork which impacted bitcoin in a small way. I doubt any of the future forks will cause bitcoin to dip in a major way which is why I am not concerned about any of these forks myself just like majority of the crypto community.

Most forks are done to profit the creators in the short term anyway which is why it is best to negate the FUD related to bitcoin forks and focus on HODLING our coins. Waiting for lightning network integration at the moment.