NO2X & Bitcoin Price

in bitcoin •  7 years ago 

The majority of bitcoin users do not want Segwit2x to go ahead. The majority of hash power does, so Segwit2x will go ahead. Against the wishes of the Bitcoin community as a whole.

yyyy.jpg

Pic Source

The result of this fork will be one of the following 4 options:

1- Segwit2X will be a failure and Bitcoin keeps its throne but falls about 10-15% after the fork to compensate the price surge just before the fork. Segwit2X will be priced around 20-30% of the Bitcoin price.

2- Segwit2X succeeds and pretty much completely replaces BitCoin in which case the price of Segwig2X coin would be comparable to what Bitcoin is priced and bitcoin would loose about 80-90% of its value.

3- Things go messy and people loose trust with the entire fork and will bring down both Bitcoin and Segwit2X and the sell-off of both the coins happen with price of both the coins going to 10% of what it is today.

4- Segwit2X succeeds but doesn't replace Bitcoin and both coexist peacefully. Holders will get a free Segwig2X coin and its a win-win for everyone!

What your option!
What the price of Bitcoin after NO2X!
I think the price after NO2X will move down towards 5000.00 - 5600.00!

A picture is worth a thousand words

oo.png

YOU SHOULD NOT TAKE ANY MATERIAL POSTED ON THIS BLOG AS RECOMMENDATIONS. TO BUY OR SELL BITCOIN OR ANY OTHER INVESTMENT VEHICLE LISTED.

What You Know About --> Fibonacci Retracement in Trending Market.   

fibo.jpeg

If You Are New Steemain Read  --> Get Started Fast with Steemit.   

If You are New in Forex  --> Read Forex Education Center / Volume I.    

If You Feel Invisible on Steemit  --> Come and hang with us.   

What You Know About --> Syrian Civil War.   

sy.jpeg

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

My answer is either NO2x or

Segwit2X succeeds but doesn't replace Bitcoin and both coexist peacefully. Holders will get a free Segwig2X coin and its a win-win for everyone!

I do not think that Bitcoin, losing its value more than 3%, due to the increasing demand in the global market.

With all of my receipt, BTC will not be effected by the fork.
it's a try to manipulate prices.

Great update info.

thank you for sharing this information. good luck always for you.

This post received a 1.5% upvote from @randowhale thanks to @lordoftruth! For more information, click here!

Lol 3rd one is highly impossible. Bitcoin has such high demand over 9 years. Impossible a big sell off can happen unless some exchange get hacked or each government in all countries decided to ban crypto for good.

Thank you for vote ...i vote you ....very nice post

Everything is possible, but 3 hard forks this year and free money for coins that nobody will use, huge money, billions to be exact. That's borderline criminal. Something needs to change. If after all this bitcoins stands above 5k who knows, it might even go on another run. It seems to me that it all hangs on a tiny thread that might break any day now.

Thanks for sharing this high quality content with us !
Appriciate that..........

nice post

Right sir good information thanks for sharing I agree with you

When there are a lot of people involved, there is very hard to make them all agree, and with Bitcoin, there are a lot number of people involved!

At this point it is hard to tell what is gonna happen !!
Only time can tell

Nice

Thank you for sharing this information, I am sure it will be helpful for many people, resteemed as always, I wish you a great Sunday)

Nice one. Great info

god job buddy i stared at that jesus satpshi for a while

i am afraid of my pool.bitcoin.com with their message saying ima be mning BTC segwitx2 now.. and claiming btc segwitx1 wont survive??

but bitcoin off to a bullish run