Bitcoin's price if segwit implements smoothly
Hey guys
I hear so much talk about what will happen if the bitcoin network succumbs to the worst case scenario, in which bitcoin splits in two coins. The reality is, that the chances of that happening are very slim and I feel the market is over reacting to this possibility.
What I would like to know, is what kind of reaction are we likely to see if segwit or segwitx2 implements smoothly. Could we see a parabolic move continue in to the $5000 area? Will the altcoin market explode with billions of dollars flooding the market? This is why I think it would be wise to hold positions in both bitcoin and some of the top alts. How would you feel if the train left without you and your holding fiat? That to me scares me more than this temporary correction were seeing.
the thing is that the market is going down and no one knows exactly why.
do you think it is because the bitcoin fork in the end of this month?
I don't know ..I don't think so
there are no bad news and i see some positive news about bitcoin
and other positive stuff
..but still the market is going down ...and no one knows why
Yes , I keep hearing it's going down because of bitcoins uncertainty, but I think that's only a small part of it. The real reason why is because the alt market was due for this correction and the bitcoin drama was just the pin that popped it.
yes ,,,might be
only time can tell ..I am positive that the Altcoins prices will go up and if we think about few month forward - surly the prices will be back up
in the meantime we have to just hand in there :)
yup! buy now and HODL
Yes! thanks for the comment
I really think bitcoin will recover fully and overtake its previous high.
This whole Segwit drama is so far overblown I'm not even slightly worried.
Yes your right, the fud is crazy right now lol
Yes, this is an interesting slide down. I say that because BTC dominance has INCREASED but everyone is saying the markets are going down because of Bip 148. Maybe it is the correction that was coming. Hey, at least the Suicide Hotline isn't up on Reddit.
They need a hotline on poloniex lol
Poloniex needs a whole department dedicated to a hotline. All I hear is negative news coming from their platform. Glad I stopped using it month and months ago.
my prediction is money will rotate from alt coins to bitcoins if segwitt gets adopted. if bitcoin drops to 1800 you will get a buying opportunity. bitcoin could crash to 1000$ if we see a hard fork.
It is a great time to buy while the price is getting lower. Soon 1 BTC might be out of reach for many of us to purchase with the price rising like it has been this year. This is a great opportunity, don't miss it.
Yes your right, long term holders will be rewarded!