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RE: Will History Repeat Itself with the Bitcoin Gold Hard Fork? 200 SBD CONTEST GIVEAWAY

in #contest7 years ago

Anyone that missed out on the free Bitcoin Cash is definitely suffering major FOMO. In addition, large purchases being allowed at Coinbase is also going to push the Bitcoin price through the roof leading up to the Bitcoin Gold split. Also major banks are now offering Bitcoin investment policies around the world.

Bitcoin has the brand name now, so that's what everyone wants. Mass adoption is imminent, but it will start with Bitcoin. Next year there will be big investments into other altcoins that have a real world application like Litecoin (building ATMs), DASH (Arizona State University research dept), EOT (Bitvalt cellphone) and 10x (crypto debit cards).

So I feel that there will be a big rise in the Bitcoin price leading up to the Gold split and it will spike as high as $7500. Bitcoin Gold is going to be a big disappointment. The team is nowhere near as organised as the Cash team, so the Gold price will briefly spike to $300 then drop off very quickly, maybe lurking in the top 20 for a while, before disappearing into oblivion. After the disappointment, whales will move their money out of Bitcoin and back into Ethereum and altcoins and the Bitcoin price will drop back down to $6000. As soon as the second November split is over, the price will recover, then crash through the $10,000 mark just in time for Christmas.

Thanks @tytran for the contest! Good luck to all!