Topic: Afraid of August One? - page 28. (Read 25697 times)
Actually I can't wait for it. I expect news that clear common uncertainty before 1st August.
it is good to be worried but we shouldn't let the FUDsters use this worrying to their own advantage. it is like always, if you have forgotten the first rule of not investing more than you can afford to lose then sell until you reach an affordable level. and then move all your bitcoins to cold storage and don't worry about a thing.
Everyone who is afraid of BTC on 1 August because no one can't be sure in the future of cryptocurrency, but everyone hopes for a long-term investment. I think this is not logical. I am not worried about what will happen on 1 August. Because for me BTC is money that I spend on purchasing things I need and I do not have a large number of coins.
Not scared! No cause for alarm... just sitting back, relaxing my mind and watching out for the best. I still wonder why a lot of people are still scared unless they ain't informed... Whatever it is, the future is bright! The most important thing which I have done is being in control of my private keys which I believe anyone should do rather than getting scared just in case!
I'm actually thinking about moving all my bitcoins to altcoins so I can have a peace of mind. Lol. It's still a month from now and it's already bugging me alot. I think it will either crash hard or rise hard. Not sure though, since segwit2x is on the lead. But I think I'll play it safe for now.
worst idea ever, the altcoin are so unstale that it's very likely you will lose a big portion of your bitcoin
what might happen at worse is that at first some panic selling can tank the value and then you have the usual recover and another bubble
Moving all bitcoins to altcoins is probably not a good idea, but splitting your investments on many altcoins (including bitcoin) is a good strategy in my opinion. Bitcoin is more stable than other altcoins but some of them will be successful I believe...
Not really afraid since it will happen inevitably anyways. No one should be afraid of the possible changes by August 1 since it will be for the development of bitcoin itself too, price wise it is only a short term effect but if you are holding for the long term then why bother? Aside from that, any changes by then could address the issue about the tx fees (finally)
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.
There is no shame to admit it, I am afraid 😨 I indeed am, all the time that I have spend saving these coins, all the work I took would go to waste, all the dreams that I plan to achieve from bitcoins would go down the drain. I don't know what will happen, I only hope that a positive result comes out for Bitcoins, that's all I wish, I don't know if being afraid will help but that's all I am at this stage.
I think too many people are afraid of this date, when it comes and goes and nothing bad happens to bitcoin surely the price will shoot up.
All of it was just FUD to shake newbies and weak hands. Do not be affected by it but just to be secure, move your funds away from online wallets into wallets that you control private keys. Secure your funds and you will be okay on August 1.
I am still a bit uncertain about it, but I am looking forward to it and hope this can improve Bitcoin. As others have said, it is important to keep your coins safe, especially not in online wallets like Blockchain and CoinBase.
I've already made the switch to a desktop wallet, so now I'm just waiting for the day to come!
I just switch to a hardware wallet and I'm very happy with it. I've already made the switch to a desktop wallet, so now I'm just waiting for the day to come!
For me I don't need to be afraid for August 1 because I am holding my bitcoin for long term. I'll just watch those who have weak hands make panic selling if in case bitcoin price will dump and maybe buy more btc.
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.
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 am sure we have nothing to fear about August 1st. Instead celebrate that day because bitcoin will be equipped with a better technology and will certainly get a boost from the stakeholders all across the world. I am sure the current price of bitcoin will increase before August 1st with the good hope.
Start buying bitcoins before that date as the price will be skyrocketing after that date and I am sure you don't want to regret. Bit was always the boss of crypto currencies and will remain as a boss always. So never loose your trust on bitcoin and you will be rewarded suitably.
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.
This is very simple thing , you should think that lot of amount of the Bitcoin are hold by the owner of the Bitcoin , so what will happ if the network of the blockchain will face problem , I mean we don't need to worry much about this , and instead of this some preacuation should be taken by us .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.
1) Before 1 August transfer your all Bitcoin at the blockchain wallet .
2) If you have Bitcoin then transfer only Bitcoin to your address of blockchain also .
3) don't make transaction like things from any of the Bitcoin wallet .
4) Make backup of your wallet of the blockchain before the 1 August .
If you will do these things , then I don't think that you need to worry anything ways , because you are in official ways and platform and nothing is problem in the official wallets
How will these steps be impacted if you have coins in exchanges on August 1st? Is it a good idea to move them out in advance?
Well sort of. Because I really have no idea what will going to happen. As a matter of fact, I am thinking of withdrawing my hard earned bitcoin for safety reasons. 
I cannot still understand why they need to do that. Bitcoin is pretty fine and almost perfect. What is the need to do that.
The need of segwit is that the transaction backlog has been increased tremendously and we need bigger blocks to confirm all the transactions. I cannot still understand why they need to do that. Bitcoin is pretty fine and almost perfect. What is the need to do that. And if no action is taken then bitcoin might not be able to survive when there will be a mass adaption.
Well sort of. Because I really have no idea what will going to happen. As a matter of fact, I am thinking of withdrawing my hard earned bitcoin for safety reasons. I cannot still understand why they need to do that. Bitcoin is pretty fine and almost perfect. What is the need to do that.
I cannot still understand why they need to do that. Bitcoin is pretty fine and almost perfect. What is the need to do that. 
I don't think there's any need to worry about. Bitcoin is still in it's infancy and all these changes being made to it will only further it's growth and make it better. This is all being done to improve the bitcoin and to bring out the best in it. All we need is to stay positive and don't panic or create an atmosphere of fear and uncertainty. Bitcoin has already survived such things before and it will survive this one too.
You should not be afraid on that day. Its only typically and normal day to everyone. Im thinking what youre thinking on that day,but theres no way to be afraid of.
I don't think there is something to be afraid of the upcoming august one, is there something that is a really big deal for us? I am a bitcoin believer and i think that whatever happen, i will just hold my bitcoin and i will buy bitcoin as soon as i get my salary from my regular job. I am not regretting anything in bitcoin and i am confident that soon bitcoin will going to the moon.
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.
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