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Topic: Afraid of August One? - page 17. (Read 25697 times)

hero member
Activity: 938
Merit: 559
Did you see that ludicrous display last night?
July 09, 2017, 12:16:08 PM
The highest % of the outcome is that this is all a big fat bluff, just like xt, classic, and unlimited were. The actors at play know the consequences of a hardfork
SegWit 2x is not a hard fork until the change to 2MB base blocks, three months after SegWit activation. 

XT, Classic and Unlimited never had enough mining support to happen, and were not "bluffs", just "failed proposals".
legendary
Activity: 1204
Merit: 1028
July 09, 2017, 12:07:28 PM
The highest % of the outcome is that this is all a big fat bluff, just like xt, classic, and unlimited were. The actors at play know the consequences of a hardfork, and ASSUMING that the actors at play are not enemies of bitcoin but have another view about how to scale, will come to terms and accept the reality of things here: The network is not at full capacity, and it was a fucking spam attack by Roger again, we don't need a contentious hardfork that would ruin the project.

If they still go through they unmask themselves as enemies of bitcoin.
full member
Activity: 350
Merit: 170
I do crypto TRADING
July 09, 2017, 11:40:30 AM
I should have bought more the other day. Now its up again. Anyone selling btc at a lower rate?
hero member
Activity: 980
Merit: 512
July 09, 2017, 11:21:22 AM
I'm not worried/afraid, it's something that has to be done in order to move forward. just don't sell your coins at a loss, keep holding. Wink  
I do not even understand what they are worried about, I still keep some coins for sale in august. I'm sure nothing bad will happen. Relax
hero member
Activity: 966
Merit: 506
July 09, 2017, 11:14:54 AM
Even the price, if affected a great deal, will settle back after some time.  It is not that big of a deal, and no matter what your opinion of the changes, there is nothing that most people can do either way.  If you are scared, either sell out before hand(not suggested) or keep them offline for a day or two around the first.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 09, 2017, 11:06:27 AM
Im on the decision of taking profit right now and convert my btc into fiat because i am really afraid of august 1, but after reading all the post here i am convince that many people here are being optimistic and see bitcoin will surely rise after the said downfall, and now i realized that the bip148 will surely helps us to make the fees low and for a faster transaction.

My advice is don't be a weak hand and sell your bitcoins. don't believe what you see upfront, not everything is true as they appear. be a stong hand who is not easily shaken.

bitcoin will either go up or down. if it goes down, just buy more because the price will just go back again . imo bitcoin and its community is strong enough to withstand the

negative effects that might occur on the given date.

The impact will affect towards the end of this month, I think bitcoin will return like two months ago where the movement is only played by the market. So far, the news that keeps bitcoin price down makes the bitcoin price higher, I'm part of a community that believes and tries to keep bitcoin stable.

Really appreciate it, i will hold onto it until it hit my target price, now im not afraid for the said august 1. I am now convince to hold and dont sell on panic because bitcoin will surely bounce back, after its a good community.
if bitcoin go down in 1st august it's a good opportunity to buy as long as don't panic about the down of bitcoin price its can be a advantage. I tried to hold bitcoin until 1 august I was very curious on that day.
This is something I will also look for, if the price of bitcoin goes down because people are afraid of what may happen I will take the opportunity to buy as much bitcoin as I can afford and take that opportunity of a lifetime, to buy heavily discounted bitcoin and hold it forever.
hero member
Activity: 1134
Merit: 517
July 09, 2017, 07:36:41 AM
Im on the decision of taking profit right now and convert my btc into fiat because i am really afraid of august 1, but after reading all the post here i am convince that many people here are being optimistic and see bitcoin will surely rise after the said downfall, and now i realized that the bip148 will surely helps us to make the fees low and for a faster transaction.
well ups and downs are a part of the market and as it is trading so anything can happen but there are also predictions and checking. So some recent predictions and surveys shows that on august 1st the price is gonna hit a higher price, its not a sure thing neither is the opposite case. This is just what I saw in articles and discussions, hope for the best and prepare for the worst. Its trading, anything is possible.

There will be two different Bitcoins after 1st of August.?
Which one would be good and which one bad ?
No in the event of a split, there will be just one Bitcoin and an altcoin. We know Bitcoin has always been a survivor, so there is really nothing to freak about, just be sure to be in full control of your coins by holding the private keys and all will be well. Won't be a surprise if price dips a bit about that time on account of panic sell off, but that would simply present us an opportunity to buy Bitcoin at cheaper rate again.
sr. member
Activity: 826
Merit: 263
July 09, 2017, 07:22:39 AM
No doubt that majority of us wants to see something good with bitcoin and this is also the reason why soft fork and hard fork is being seen as the solution to all of our current issues with bitcoin. With this implementation bitcoin price will surely rise up and break out. The problem is what if things goes wrong during implementation and what if bitcoin blockchain will stop working and will go down because of "something" which we dont know yet. what is you tried to check on your bitcoin balance and nothing is showing up or nothing is loading? what will you do?

Hard and soft fork will bed up the price fluctuations by increase the supply and demand of bitcoin more. I don't think that bitcoin will face problem if segwit has been activated now or after August. We don't need to sell the bitcoin now or in future. It doubles the as a years moves up.
full member
Activity: 350
Merit: 170
I do crypto TRADING
July 09, 2017, 07:18:26 AM
No doubt that majority of us wants to see something good with bitcoin and this is also the reason why soft fork and hard fork is being seen as the solution to all of our current issues with bitcoin. With this implementation bitcoin price will surely rise up and break out. The problem is what if things goes wrong during implementation and what if bitcoin blockchain will stop working and will go down because of "something" which we dont know yet. what is you tried to check on your bitcoin balance and nothing is showing up or nothing is loading? what will you do?
full member
Activity: 308
Merit: 100
July 09, 2017, 07:10:50 AM
We are already in July and August 1 is coming...the day when Segwit would start signalling for all and what will happen after this date is something many fear of. Will there be a split and what will happen on the split?

I have already read some assurance that at the current rate things are doing, the possibility for a split is getting remote. Maybe the overarching interest of all stakeholders has already dawned to many.

I think it will be a good day for bitcoin. because bitcoin means gold.so 1st August fair for bitcoin
sr. member
Activity: 420
Merit: 255
July 09, 2017, 07:09:19 AM
Im on the decision of taking profit right now and convert my btc into fiat because i am really afraid of august 1, but after reading all the post here i am convince that many people here are being optimistic and see bitcoin will surely rise after the said downfall, and now i realized that the bip148 will surely helps us to make the fees low and for a faster transaction.
well ups and downs are a part of the market and as it is trading so anything can happen but there are also predictions and checking. So some recent predictions and surveys shows that on august 1st the price is gonna hit a higher price, its not a sure thing neither is the opposite case. This is just what I saw in articles and discussions, hope for the best and prepare for the worst. Its trading, anything is possible.

There will be two different Bitcoins after 1st of August.?
Which one would be good and which one bad ?
2 different bitcoins can happen only if miners wouldn't accept changes. In my words: On August 1st, a change in block will happen (segwit for example) if let's say only 40% of hashing power accept this change (start accepting blocks with segwit) this would result in 2 different Bitcoins. If 51% hash power or more start accepting blocks with segwit this would become longest chain and other one would be erased.
It's up to you to decide which one is better Cheesy I personally think there must be some changes in transaction fees so i would prefer blocks with segwit.
The miners are most interested in the fact that bitcoin remains stable and not broke. They have a lot of money invested in mining equipment so readily available. I'm sure after August 1 will not change anything.
SVK
sr. member
Activity: 378
Merit: 250
July 09, 2017, 07:04:54 AM
Im on the decision of taking profit right now and convert my btc into fiat because i am really afraid of august 1, but after reading all the post here i am convince that many people here are being optimistic and see bitcoin will surely rise after the said downfall, and now i realized that the bip148 will surely helps us to make the fees low and for a faster transaction.
well ups and downs are a part of the market and as it is trading so anything can happen but there are also predictions and checking. So some recent predictions and surveys shows that on august 1st the price is gonna hit a higher price, its not a sure thing neither is the opposite case. This is just what I saw in articles and discussions, hope for the best and prepare for the worst. Its trading, anything is possible.

There will be two different Bitcoins after 1st of August.?
Which one would be good and which one bad ?
2 different bitcoins can happen only if miners wouldn't accept changes. In my words: On August 1st, a change in block will happen (segwit for example) if let's say only 40% of hashing power accept this change (start accepting blocks with segwit) this would result in 2 different Bitcoins. If 51% hash power or more start accepting blocks with segwit this would become longest chain and other one would be erased.
It's up to you to decide which one is better Cheesy I personally think there must be some changes in transaction fees so i would prefer blocks with segwit.

So current BTC will be in which Blockchain ?
sr. member
Activity: 628
Merit: 276
BTC, ETH, XMR, LTC
July 09, 2017, 07:02:09 AM
Im on the decision of taking profit right now and convert my btc into fiat because i am really afraid of august 1, but after reading all the post here i am convince that many people here are being optimistic and see bitcoin will surely rise after the said downfall, and now i realized that the bip148 will surely helps us to make the fees low and for a faster transaction.
well ups and downs are a part of the market and as it is trading so anything can happen but there are also predictions and checking. So some recent predictions and surveys shows that on august 1st the price is gonna hit a higher price, its not a sure thing neither is the opposite case. This is just what I saw in articles and discussions, hope for the best and prepare for the worst. Its trading, anything is possible.

There will be two different Bitcoins after 1st of August.?
Which one would be good and which one bad ?
2 different bitcoins can happen only if miners wouldn't accept changes. In my words: On August 1st, a change in block will happen (segwit for example) if let's say only 40% of hashing power accept this change (start accepting blocks with segwit) this would result in 2 different Bitcoins. If 51% hash power or more start accepting blocks with segwit this would become longest chain and other one would be erased.
It's up to you to decide which one is better Cheesy I personally think there must be some changes in transaction fees so i would prefer blocks with segwit.
SVK
sr. member
Activity: 378
Merit: 250
July 09, 2017, 06:51:31 AM
Im on the decision of taking profit right now and convert my btc into fiat because i am really afraid of august 1, but after reading all the post here i am convince that many people here are being optimistic and see bitcoin will surely rise after the said downfall, and now i realized that the bip148 will surely helps us to make the fees low and for a faster transaction.
well ups and downs are a part of the market and as it is trading so anything can happen but there are also predictions and checking. So some recent predictions and surveys shows that on august 1st the price is gonna hit a higher price, its not a sure thing neither is the opposite case. This is just what I saw in articles and discussions, hope for the best and prepare for the worst. Its trading, anything is possible.

There will be two different Bitcoins after 1st of August.?
Which one would be good and which one bad ?
SVK
sr. member
Activity: 378
Merit: 250
July 09, 2017, 06:49:03 AM
Hi all,
instead of opening new thread I would initially ask here if you don't mind Smiley
I have all my BTC on Electrum since 2013.
Now this hardfork is coming and I'm not sure what to do.
Please can you tell me if I should quickly download BTC core wallet and transfer all BTC there or should I just leave all BTC on Electrum ?
If there is a bitcoin fork and if there is a split in the network you will be able to claim your coins from both the chains if you are having control of your private key,because having the private key gives you the complete control over your coins and since Electrum is a light weight wallet where you have the private key there is nothing to worry. Smiley

Private key = QR code which is displayed after I right click on addresses ?

Thank you very much
sr. member
Activity: 612
Merit: 250
July 09, 2017, 06:46:01 AM
Im on the decision of taking profit right now and convert my btc into fiat because i am really afraid of august 1, but after reading all the post here i am convince that many people here are being optimistic and see bitcoin will surely rise after the said downfall, and now i realized that the bip148 will surely helps us to make the fees low and for a faster transaction.
well ups and downs are a part of the market and as it is trading so anything can happen but there are also predictions and checking. So some recent predictions and surveys shows that on august 1st the price is gonna hit a higher price, its not a sure thing neither is the opposite case. This is just what I saw in articles and discussions, hope for the best and prepare for the worst. Its trading, anything is possible.
legendary
Activity: 3374
Merit: 1824
July 09, 2017, 06:30:42 AM
No, I'm not afraid.
After all, I don't think that may things for us, average users, will change.
In my opinion, btc price will not change much.
If we really see some radical change (what I doubt) sill we can move to other crypto currencies and continue to earn profit.
I don't worry much.
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
July 09, 2017, 06:20:52 AM
The hype is real. Well what can I say, I honestly have no idea what will happen on 1st of august and what will be going on for the next few days but really can't wait for that day to come, I've ever been this existed tbh about something.

Also, on the side note, my dad actually wants to buy one bitcoin and rn I don't know if he should buy it before or after the 1st of Aug.
full member
Activity: 196
Merit: 102
July 09, 2017, 06:20:37 AM
I'm not afraid of the first of August. Most likely these are false rumors to inspire fear on those who lend themselves to panic and sell coins. Many times already tried to destroy bitcoin, but nothing happened.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
July 09, 2017, 06:13:56 AM
Hi all,
instead of opening new thread I would initially ask here if you don't mind Smiley
I have all my BTC on Electrum since 2013.
Now this hardfork is coming and I'm not sure what to do.
Please can you tell me if I should quickly download BTC core wallet and transfer all BTC there or should I just leave all BTC on Electrum ?
If there is a bitcoin fork and if there is a split in the network you will be able to claim your coins from both the chains if you are having control of your private key,because having the private key gives you the complete control over your coins and since Electrum is a light weight wallet where you have the private key there is nothing to worry. Smiley
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