Topic: Afraid of August One? - page 24. (Read 25697 times)
Some people here really don't understand how SegWit works. It's just an upgrade not a hard fork, and even if it were to be a hard fork, you wouldn't be risking anything by holding your coins in your wallet. The only thing I'd recommend is to move coins from the exchanges into private wallets, because you can't be sure if they won't have any issues with updating their software and (in case of a hard fork) give you access to both chains.
I think many times so far we had similar situations when we were all expecting some very important days/happenings for Bitcoin but at the end nothing revolutionary didn't happen. So I think the similar will be after 1 August too and don't fear that day. Anyway, after 1 August nothing bad will happen for Bitcoin and the users.
It is a rumors by competitor that they are arising even they had seo of these rumors it funny but yeah they has. We should stay in touch with bitcoin nothing will be happen like that as people are expecting that bitcoin will be goes down on 1st August. No never it will never goes down. It will even increase on that day. So, believe and keep watch the price of bitcoin on first August. 
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 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.
In case you don't know what Segwit is read up here : https://cointelegraph.com/explained/segwit-explained
Basically I would buy up since on August the first I except an increase in price for bitcoin. No need to worry about it, but just in case take some precautions like transferring all your bitcoin to your blockchain wallet and back up your wallet. Segwit should fix some issues with bitcoin, but just in case I would recommend doing what I just listed
If you have coins you will have them on the new chain, no need to transfer anywhere. What about the people who don't use blockchain wallets? Do you think somebody would make an update this way, to make all of them lose their money?
If you have coins on an address don't do anything, just wait, nothing will change if they update it you will still have all your coins.
Based on the testimony from people around the world about bitcoin success so far and with the assurance that bitcoin will survive the outcome of 1st August. I believe there is no course for one to panic. Although the market value of Bitcoin May decrease as a result of panic and rumors which will create an avenue for investors to buy at a cheaper rate but it will move higher than the current market value before end of the December.
There may be slower TX times around the transition because of mass movements of funds, but all in all, it is a soft fork and whatever happens to segwit, your wallet and your coins are fine either way.
I don't tend to be afraid, and see any problems as an opportunity to buy if panic ensues. Still not clear on which is better as a wallet if things melt, blockchain or a desktop wallet like myetherwallet. Can anyone explain more fully the issues about why the coins are at risk (not the price risk, the actual coin)?
most of the people pretend that they do not afraid from that day, but still confusion and uncertainty is there in the mind of people and that is the reason that the price is too much stable at 25000$, i think that is also better that the price is falling any more and has got a good support at that price. hope there will be not such a bad effect of 1st August on the price of bitcoin and will continue increasing. I'm more afraid by people like you who made it to hero level saying stuff like this.
that they do not afraid - that they are no afraid
is too much stable at 25000$ - fk my life..25000?
is also better that the price is falling - wasn't the price too stable a second ago at 25k?
any more - obviously you wanted to say something different
Honestly, why do you keep trying to post?
Just for people to laugh at the nonsense above?
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 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.
In case you don't know what Segwit is read up here : https://cointelegraph.com/explained/segwit-explained
Basically I would buy up since on August the first I except an increase in price for bitcoin. No need to worry about it, but just in case take some precautions like transferring all your bitcoin to your blockchain wallet and back up your wallet. Segwit should fix some issues with bitcoin, but just in case I would recommend doing what I just listed
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’m not afraid but I’m cautious the problem is not that segwit is going to be activated, that is fine, the problem is that the miners want to make a hard fork, and there is nothing to see at the moment, segwit was tested for a long time before it was a viable solution and now the miners seems to want to hard fork in a fast track, that could kill bitcoin if there is a bug in the code.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.
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’m not afraid but I’m cautious the problem is not that segwit is going to be activated, that is fine, the problem is that the miners want to make a hard fork, and there is nothing to see at the moment, segwit was tested for a long time before it was a viable solution and now the miners seems to want to hard fork in a fast track, that could kill bitcoin if there is a bug in the code.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.
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’m not afraid but I’m cautious the problem is not that segwit is going to be activated, that is fine, the problem is that the miners want to make a hard fork, and there is nothing to see at the moment, segwit was tested for a long time before it was a viable solution and now the miners seems to want to hard fork in a fast track, that could kill bitcoin if there is a bug in the code. 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 want to buy more btc before august, Im not worried at all.
Wow! what a great idea and keep up and now buy more and more bitcoin , and I am also with you . If now you buy more bitcoin I am sure that you gain more benefits before the month of August and may be you will doing more profit forward in future.the sign of how people so worry about the improvement protocol called segwit is so clear ,
panic selling everywhere and noone can stop this situation ,
the future of bitcoin really in doubt with this long unsolved problem.
I don't tend to be afraid, and see any problems as an opportunity to buy if panic ensues. Still not clear on which is better as a wallet if things melt, blockchain or a desktop wallet like myetherwallet. Can anyone explain more fully the issues about why the coins are at risk (not the price risk, the actual coin)?
most of the people pretend that they do not afraid from that day, but still confusion and uncertainty is there in the mind of people and that is the reason that the price is too much stable at 25000$, i think that is also better that the price is falling any more and has got a good support at that price. hope there will be not such a bad effect of 1st August on the price of bitcoin and will continue increasing. Learn to speak English.
In fact I am afraid of this day because it can be a disastrous split while it can also be perfectly fine. There is more chances that it goes fine, but there is still a little chance that it goes bad, and I am afraid of this.
I think you have been reading through too much of the fud that the trolls here are spreading. Any possible negative impact of a chain split (or any other scenario), will be of temporary nature. Bitcoin has faced so much drama and crap already, that a negative outcome in the coming 30 or so days will be nothing more than one of the many obstacles it has overcome already. Just relax.
I don't tend to be afraid, and see any problems as an opportunity to buy if panic ensues. Still not clear on which is better as a wallet if things melt, blockchain or a desktop wallet like myetherwallet. Can anyone explain more fully the issues about why the coins are at risk (not the price risk, the actual coin)?
most of the people pretend that they do not afraid from that day, but still confusion and uncertainty is there in the mind of people and that is the reason that the price is too much stable at 25000$, i think that is also better that the price is falling any more and has got a good support at that price. hope there will be not such a bad effect of 1st August on the price of bitcoin and will continue increasing. Interesting point. That august one thing makes me scared and I temporarily stopped my trade transactions. I don't wanna take that risk of instant price movements.
Based on the testimony from people around the world about bitcoin success so far and with the assurance that bitcoin will survive the outcome of 1st August. I believe there is no course for one to panic. Although the market value of Bitcoin May decrease as a result of panic and rumors which will create an avenue for investors to buy at a cheaper rate but it will move higher than the current market value before end of the December.
I want to buy more btc before august, Im not worried at all.
Wow! what a great idea and keep up and now buy more and more bitcoin , and I am also with you . If now you buy more bitcoin I am sure that you gain more benefits before the month of August and may be you will doing more profit forward in future.
To the original question, whether we are fearful of Aug. 1,
Well, there will either be a chain split on Aug. 1, or there will be the threat of a chain split hanging over bitcoin until probably mid-November. This reality is worth fearing a little bit, regardless of who one supports.
I am fearful it will alienate so many new users, it could take quite a while to get them back.
Also, to me, this ultimately seems like it will be a referendum on the support the current devs have within the bitcoin community. My fear there is that the dilution of knowledge of the average bitcoin user (such as me) compared to the average user of several years ago, may have gotten low enough that overall support may be below safe levels to adequately support the current so-called "Core" devs.
I can not be gentle about this. Everything inside me says it would be disastrous for bitcoin if the people who have been guiding/upgrading/repairing things hour to hour, day to day, week to week, month to month for the past several years are torn away en masse, from this project. Messing with that experience (which you can't get ANYWHERE else except the bitcoin blockchain), and having others come in and deal with their own learning curves, all at the same time, is just unthinkable.
You asked about Aug. 1 fears, those are mine.
Well, there will either be a chain split on Aug. 1, or there will be the threat of a chain split hanging over bitcoin until probably mid-November. This reality is worth fearing a little bit, regardless of who one supports.
I am fearful it will alienate so many new users, it could take quite a while to get them back.
Also, to me, this ultimately seems like it will be a referendum on the support the current devs have within the bitcoin community. My fear there is that the dilution of knowledge of the average bitcoin user (such as me) compared to the average user of several years ago, may have gotten low enough that overall support may be below safe levels to adequately support the current so-called "Core" devs.
I can not be gentle about this. Everything inside me says it would be disastrous for bitcoin if the people who have been guiding/upgrading/repairing things hour to hour, day to day, week to week, month to month for the past several years are torn away en masse, from this project. Messing with that experience (which you can't get ANYWHERE else except the bitcoin blockchain), and having others come in and deal with their own learning curves, all at the same time, is just unthinkable.
You asked about Aug. 1 fears, those are mine.
I don't tend to be afraid, and see any problems as an opportunity to buy if panic ensues. Still not clear on which is better as a wallet if things melt, blockchain or a desktop wallet like myetherwallet. Can anyone explain more fully the issues about why the coins are at risk (not the price risk, the actual coin)?
most of the people pretend that they do not afraid from that day, but still confusion and uncertainty is there in the mind of people and that is the reason that the price is too much stable at 25000$, i think that is also better that the price is falling any more and has got a good support at that price. hope there will be not such a bad effect of 1st August on the price of bitcoin and will continue increasing. In fact I am afraid of this day because it can be a disastrous split while it can also be perfectly fine. There is more chances that it goes fine, but there is still a little chance that it goes bad, and I am afraid of this.
I think you have been reading through too much of the fud that the trolls here are spreading. Any possible negative impact of a chain split (or any other scenario), will be of temporary nature. Bitcoin has faced so much drama and crap already, that a negative outcome in the coming 30 or so days will be nothing more than one of the many obstacles it has overcome already. Just relax.
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 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 everyone's anxiety is very reasonable, with a bitcoin at the present time, it is very necessary to change (larger block number). However, the division of bitcoin can also have disastrous consequences. That is a very bad thing.
No, first of August is the same humor
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