Hi guys,
I just want to share the main reason for the current bullish bitcoin price rallye. It is the second hard fork in the bitcoin source code to be able to spread the bitcoin network for handling more transactions in the network. The result is bitcoin gold. Thus if you have bitcoins in your wallet you will get automatically bitcoin gold in your wallet. Actually it's like a dividend in the stock market if you own a stock for bringing a big profit. The bitcoin gold price will be handle out of supply and demand.
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The mood of this fork is much different from the last fork which was for BCH on Aug 1. In mid July this year everybody was worried about the fork and the price tanked. Now everybody seems to be looking forward to it except me. People seem to have forgotten that contentious hard forks are potentially dangerous. Hardware wallets such as Trezor still haven't said that they will support it which can mean a painful process of claiming coins using a procedure that if you're not expert at can mean loss of your coins. It's probably best to wait out the period post fork to make sure of the situation on replay attacks.
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I totally agree in the fact that hardfork are potenially dangerous. This will be definitly a volatile time for the bitcoin price. But for the bitcoin exchanges this is just an opportunity to earn more money and they are looking for getting more people involed in the bitcoin rush, so they have already succeeded with that.
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Pretty how i feel about it atm.
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