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Topic: Afraid of August One? - page 19. (Read 25697 times)

hero member
Activity: 882
Merit: 544
July 07, 2017, 09:13:07 PM
Everyone is a bit of afraid as we don't know what might happen on August 1. If it gets messy than the price of bitcoin will fall but this should not scare us as the price will surely recover after everything is settled.
Of course many are afraid of August 1 but not all bitcoiners are. You said it yourself what will happen if the decision is bad and in addition to that, bitcoin might be dethroned because people might try to find another coin that is better than bitcoin but still it would still have a price. When it got good and transactions really became faster, for sure it will rise in price so it is a normal risk that everyone takes.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
July 07, 2017, 06:50:41 PM
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 am afraid I will accept it but I will not sell my funds because I have my full trust in bitcoin but the thinking of you will lose some or big will not be remove from your mind so in my self I will not sell my coins and let's see what will happen after the segwit If that is successful then I will gain more profit if fail then I will lose some, But as you see the litecoin succeed with that so why bitcoin is not? so let's gamble with it.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
July 07, 2017, 04:46:44 PM
Everyone is a bit of afraid as we don't know what might happen on August 1. If it gets messy than the price of bitcoin will fall but this should not scare us as the price will surely recover after everything is settled.
newbie
Activity: 21
Merit: 0
July 07, 2017, 04:28:03 PM
true but one counter argument is that segwit is simply a band aid to a much larger problem, and when the bitcoin network outgrows the extra space provided by segwit we will be back to where we are now with the sometimes incredibly long confirmation times and high fees. we need to find a better long term solution also
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.
Maybe August 1st will be the biggest development of bitcoin, bitcoin will be recognized and developed in the world and grown up we should be happy about that. What people always expect it to come, because it will bring us great advantages
Activating segwit is going to be one of the biggest developments when it comes to bitcoin, it will help the network immensely by increasing the speed and reducing the costs of getting our transactions to be confirmed, this is key if bitcoin is to become a payment system used by hundreds of millions or even billions of people, it is the first step but it is a step on the right direction.
newbie
Activity: 21
Merit: 0
July 07, 2017, 04:26:29 PM
The price will probably fall on august 1st but I think in the end segwit adoption will win out and everything will be fine
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 07, 2017, 03:11:01 PM
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.
Maybe August 1st will be the biggest development of bitcoin, bitcoin will be recognized and developed in the world and grown up we should be happy about that. What people always expect it to come, because it will bring us great advantages
Activating segwit is going to be one of the biggest developments when it comes to bitcoin, it will help the network immensely by increasing the speed and reducing the costs of getting our transactions to be confirmed, this is key if bitcoin is to become a payment system used by hundreds of millions or even billions of people, it is the first step but it is a step on the right direction.
hero member
Activity: 826
Merit: 529
July 07, 2017, 11:45:48 AM
I am taking this issue seriously, I think it is one of the rumors which brings a lot of confusion among the bitcoin holders, it has created a panic situation across this platform, some people are looking for a scope to sell their bitcoin if something will happen but intelligent people are taking preparation to gather more bitcoin by this chance. so don't get worried about 1st August...
sr. member
Activity: 602
Merit: 250
July 07, 2017, 11:05:52 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.
No one knows what will happen to bitcoin that day. Perhaps we are fearing, it is not fear, but fear of losing something inherent in our lives.How Bitcoin evolves depends on that day.
sr. member
Activity: 364
Merit: 252
July 07, 2017, 10:40:34 AM
It's difficult to predict which way things will go on August 1st, but just due to some people reducing their exposure before the actual event, I'd expect the Bitcoin price to be a bit lower leading up to it.
sr. member
Activity: 612
Merit: 250
July 07, 2017, 09:56:02 AM
I try not to worry much about Bitcoin's fate after Aug 1st, and concentrate on growing my btc portfolio. I'm certain that bitcoin's explosive growth will continue.
wow! I really appreciate your spirit and your determination about using bitcoin . it will defiantly give you a good return so we should not be afraid of bitcoin on august 1st  we are hoping for a bright future of upcoming days bitcoin is going high and it will go high.
legendary
Activity: 1652
Merit: 1088
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July 07, 2017, 08:22:12 AM
For a third day straight bitcoin price is going down. The downward slope is very obvious and it might continue to go down up to the close of August 1. A lot of people are in the sideline just watching and some are selling already. Lets see in the next two days if the downward trend will continue.


People are just taking profits. Plus some people are rotating into either fiat or alts, just in case the Aug 1st thing doesn't go smoothly. Of course if it does go smoothly, watch for a jump in price afterwards.
sr. member
Activity: 364
Merit: 250
July 07, 2017, 08:06:21 AM
Why should i afraid when it is a step towards bitcoins ultimate success? For those who doesn't know about August 1, there would be a split. And it is where the transaction of bitcoin will become faster onto your wallet. But you should know that there would be a hige dump of bitcoin. Not to fud but I think it will be 500 usd.
member
Activity: 126
Merit: 10
July 07, 2017, 07:53:19 AM
Well hope to see some good improvements also the outcome in Bitcoin if SegWit has been activated in august 1. If anything Good or Bad will happens. I will still love to use bitcoins.

That's the right spirit!
legendary
Activity: 3038
Merit: 1169
July 07, 2017, 07:51:03 AM
I have high hopes for bitcoin after this date the implementations will make btc able to compete with new generation cryptocurrencies that have faster tx confirmation times with its improved features and should quickly see a bullish bitcoin and break the current resistance...I honestly think there is nothing to be afraid of and bitcoin is still in good hands

I will not get my hopes up for the mean time but I am seeing news that the impending August 1 will be the date for bitcoin freedom over high fees and an over price downfall because it will certainly double in value on the said date, but I am not 100% so sure because there are still a risk involve in that said event.
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
July 07, 2017, 07:27:22 AM
I have high hopes for bitcoin after this date the implementations will make btc able to compete with new generation cryptocurrencies that have faster tx confirmation times with its improved features and should quickly see a bullish bitcoin and break the current resistance...I honestly think there is nothing to be afraid of and bitcoin is still in good hands
legendary
Activity: 966
Merit: 1004
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July 07, 2017, 07:11:00 AM
Me myself right now i dont feel afraid of august 1 or what  bad shit or good shit will happen in that day of forking and segwit,all i need to be is stay calm and earn and earn and dont mine the risk of that even,we all dont know what will happen so we need to wait and hope for the best
sr. member
Activity: 2436
Merit: 455
July 07, 2017, 07:07:35 AM
Well hope to see some good improvements also the outcome in Bitcoin if SegWit has been activated in august 1. If anything Good or Bad will happens. I will still love to use bitcoins.

No thanks, I'd rather want to have bitcoin this way than to test if this SegWit activation would improve bitcoin or whatsoever. Bitcoin is perfectly fine the way it is right now, that is why there is no need for this SegWit thingy. I'm still confused about this splitting of bitcoin and so on,  let's just pray that thing would never happen because I'm sure that the first one that would be affected by this is the bitcoin price.
full member
Activity: 560
Merit: 111
July 07, 2017, 07:04:51 AM

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full member
Activity: 350
Merit: 170
I do crypto TRADING
July 07, 2017, 06:56:34 AM
For a third day straight bitcoin price is going down. The downward slope is very obvious and it might continue to go down up to the close of August 1. A lot of people are in the sideline just watching and some are selling already. Lets see in the next two days if the downward trend will continue.

Blood will be in the market and people will panic and some might just stay in the sideline and will not enter the market.  For me this is an opportunity for us to buy more when the rates are getting lower.  Lets not look at just a month from now but lets look at the future of bitcoin years from now. Are you seeing what im seeing? It really depends on ones prospective and point of view. Smiley

To prove, im willing to buy your bitcoin if you want to sell it now. lol
sr. member
Activity: 1162
Merit: 268
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July 07, 2017, 06:39:36 AM
Well hope to see some good improvements also the outcome in Bitcoin if SegWit has been activated in august 1. If anything Good or Bad will happens. I will still love to use bitcoins.
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