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Does the last fork effect bitcoin price

  • Thread starter Thread starter hani20980
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hani20980

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do you think that the last fork effect the bitcoin price or this increase in bitcoin doesn't have a relation
to the last fork how the last fork effect BTC
 
I think there's no relation between those two .. btc price depends on many terms and it follows the world events
 
The price always goes up after a fork happens but this growth that you see right now in the market is not caused by the last fork since that happened a couple months ago
 
Bitcoin is very volatile and any little effects on it, affects it, price always goes up after a fork happens but this last fork, I don't think it was the caused of the effect.
 
There is no correlation between the last fork and the price of Bitcoin as in the original scheme of things, the last fork is not an indication or bitcoin's progress.
 
I am not sure if forking of bitcoin or any other crypto currency can affect the price negatively. Bitcoin forked and bitcoin cash was created. However, Bitcoin continued to go up but Bitcoin cash did not go high as expected.
 
The Bitcoin fork did not in anyway affect the price of the Bitcoin. The last fork took place a long time ago, many months ago for that matter. What is happening now is not as a result of a fork of the coin
 
Bitcoin will continue to grow because it is most known amongst the whole cryptocurrencies, it the forked coins that might growth challenges at the early stage.
 
ahmedo24 said:
Bitcoin will continue to grow because it is most known amongst the whole cryptocurrencies, it the forked coins that might growth challenges at the early stage.
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What I always believe is that the price of cryptocurrency and its growth cannot be affected by anything ,that is why a lot of people consider consider bitcoins as an official cryptocurrency that are not easily be affected by anything.
 
Sotherefore said:
What I always believe is that the price of cryptocurrency and its growth cannot be affected by anything ,that is why a lot of people consider consider bitcoins as an official cryptocurrency that are not easily be affected by anything.
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Bitcoin is also affected easily because that is why it is a volatile coin, any slight negative polices from the US government which dominate cryptocurrency market now will crash it down.
 
ahmedo24 said:
Bitcoin is also affected easily because that is why it is a volatile coin, any slight negative polices from the US government which dominate cryptocurrency market now will crash it down.
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What I mean is that there are some cryptocurrency that can decrease by 50% within a short period of time but bitcoins cannot go in to that extent except it is highly affected by something so serious to that extent.
 
Sotherefore said:
What I mean is that there are some cryptocurrency that can decrease by 50% within a short period of time but bitcoins cannot go in to that extent except it is highly affected by something so serious to that extent.
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The China crackdown on cryptocurrencies made bitcoin to dip by 50% while some coins were dipped by almost 70% so they are all sensitive to activities arround but altcoins dip more all the time.
 
ahmedo24 said:
The China crackdown on cryptocurrencies made bitcoin to dip by 50% while some coins were dipped by almost 70% so they are all sensitive to activities arround but altcoins dip more all the time.
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They might actually be so sensitive to news like that, but why do people really believe that bitcoins is one of the most solid project in the cryptosystem ? maybe because they know that no matter how it dips that bitcoins is trusted enough that it can never rugpull.
 
Sotherefore said:
They might actually be so sensitive to news like that, but why do people really believe that bitcoins is one of the most solid project in the cryptosystem ? maybe because they know that no matter how it dips that bitcoins is trusted enough that it can never rugpull.
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Absolutely because the main person behind bitcoin is unknown so to rugpull such a coin will be very difficult and it has face lots of criticism which it has survived and grew significantly.
 
Bitcoin fork never effects bitcoin price, bitcoin fork created because bitcoin fail to full fill some terms, as like bitcoin transaction take so much time to receive, and bitcoin fees to much high, so solve this problems they created a fork coin, bitcoin price depends on supply & demon, not in fork coins.
 
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