Bitcoin fork soon! Let's see what happens!

in bitcoin •  7 years ago  (edited)

Bitcoin fork will happen soon. Snapshot will be taken at 491,407 and right now is 491,397. After 10 blocks, I am very curious to see what will happen to the market. (Each block takes about 3~10 minutes in average)

  • If market expect there will be Bitcoin sell off after fork,
  • Then, people may want to be the first person to sell Bitcoin?
  • Then, Bitcoin will be traded for either USDT or altcoins? (Assuming cashing out isn't available right away for many exchange?)
  • Then, will altcoins price go up and Bitcoin price go down for like 10 minutes right after fork?
  • Then, market get stablized shortly after?

This is my expectation but I am not perfect nor know the future. What do you guys think?

bitcoin altcoin eos cryptocurrency fork
7 years ago by

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      ·  7 years ago 

    Bitcoin should go up to $7000 max before the hard fork, and as soon as Bitcoin Gold is tradeable, both Bitcoin and Bitcoin Gold will start falling as people pour their money back into alt coins like OMG, NEO, IOTA, EOS.

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        ·  7 years ago 

      Yes sir, right after snapshot was taken, people started to dump. We saw Bitcoin going from $6,000 to $5,500 and went up to $5,600 in a few minutes, and altcoins going up by 10% in average. To be honest, I was expecting further drop in Bitcoin.

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          ·  7 years ago 

        Hi, tytran, what do you think will happen before and after next fork?

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            ·  7 years ago 

          InDeeD, Good week for traders and investors comin ..... that's for sure.

          Great Post

          Thank You Kindly.

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              ·  5 years ago 

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