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Topic: Afraid of August One? - page 3. (Read 25697 times)

full member
Activity: 225
Merit: 100
July 26, 2017, 05:46:21 PM
And still other milestones to follow correct?

Anyone taking advantage of the Bitcoin Cash fork?
Each and every bitcoiner who holds bitcoin in their own wallet will take advantage of the bitcoin cash fork,even if it is a mere one dollar i would gladly take it  Grin even now the speculative price is above three hundred dollars ,which is really a pretty decent amount and i would not mind to enjoy the perks which is offered for free.
sr. member
Activity: 252
Merit: 250
July 26, 2017, 03:41:24 PM
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.


No bud don't do this, the alt coins move dependent on what happens with bitcoin. Just put your coins in cold storage if you're worried about the fork not going properly. If you're worried about trade swings then that's a whole different ball game there.
full member
Activity: 169
Merit: 100
July 26, 2017, 03:15:37 PM
Honestly, the first time I heard that chainsplitting news I got afraid and think to cash out all my btc but after I had read some helpful article ecplaining the process to happen I calm and waiting for that fay.
hero member
Activity: 1316
Merit: 561
Leading Crypto Sports Betting & Casino Platform
July 26, 2017, 03:06:04 PM
Investing always contains risk. If you invest your money in bitcoin, you have to accept the possibility that you may lose all of your money. I can not ensure whether bitcoin keep surviving or not but I will still hold my bitcoin. After all, we have successfully activate the that segwit and therefore, we do not need to worry about the confirmation times anymore. 
full member
Activity: 228
Merit: 100
July 26, 2017, 03:03:55 PM
And still other milestones to follow correct?

Anyone taking advantage of the Bitcoin Cash fork?
sr. member
Activity: 277
Merit: 250
July 26, 2017, 02:59:52 PM
It is up to what people think but I will not be afraid of the fact that I just think that bitcoin will increase sharply, and why people who think otherwise do not matter, all have their own opinions.1 August I am always waiting.
legendary
Activity: 1204
Merit: 1000
July 26, 2017, 01:49:01 PM
I'm not afraid but I'm more worried about how the process will go and when will it be stabilized the infracture and how people will deal in this mess when also exchanges will block the deposit/withdrawal.
Recently Coinbase announced:
Quote
BTC Buys/Sells/Withdrawals will be Temporarily Disabled on July 31
Due to a potential fork of the bitcoin blockchain, all BTC buys/sells and withdrawals will be temporarily disabled beginning on July 31.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 26, 2017, 01:21:04 PM
What is there to even be afraid of with  August 1st? Even with a (remote chance of a) potential chain split and possible network disruption, so what? Even with a subsequent significant drop in price, so what? It's not like the price of bitcoin will continue to freefall. As long as you take the necessary precautions of securing your bitcoins you shouldn't have anything to worry about. Once it all plays out, we'll see what's what and go on from there.
People care because we are talking about money here, and some have invested an important part of their life savings in it, so it is not as easy as you think, bitcoin is going to recover no matter what happens but for those holding coins it is not as easy to recover from huge losses.

That's exactly what I was thinking, it's because it involves money and life savings that's why people are worried and nervous, it's not easy to loose this way because of the huge investments that people have in bitcoins and that's what gives me all the hope that things will work out good and Bitcoin will be solidified.
Yeah those that have low amounts of bitcoin, do not have as much to lose as someone that does have large amounts of bitcoin, especially since we are not talking only about money here, there are many people that have dedicated a great part of their time to bitcoin and they could lose that so it is o wonder people are afraid.
full member
Activity: 232
Merit: 100
July 25, 2017, 01:56:42 PM
Yes, I think there is a chance that I will have some fake bitcoins as bitcoin network will be stolen by thieves.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
July 25, 2017, 12:57:12 PM
Not sure, Maybe I'll just buy off all of my bitcoins into other alts.
I am not disrespectful to you but would like to give you an advice. Just be sure of your decision regarding bitcoins and Segwit. Segwit is nothing, just a checkpoint through which bitcoins will enter to the phase where their values will tremendously increase. Selling off bitcoins for altcoins is so ludicrous and vice versa. Hold on to your bitcoins for few more weeks to be among the luckiest traders of the world.
full member
Activity: 172
Merit: 100
July 25, 2017, 12:09:39 PM
I don't feel anything special for that day, I also don't think that August 1 will come easily and will also without any interruption over Bitcoin. so let's be cool and easy. hopefully, there will not be anything which harmful for this platform. if the negative thing will happen then it will be really dangerous for its future.

Individuals don't feel something special or harmful these days, but ICOs started to postpone or delay their token sales. This is why they're scared of segwit and other attempts.
sr. member
Activity: 826
Merit: 263
July 25, 2017, 11:59:28 AM
I don't feel anything special for that day, I also don't think that August 1 will come easily and will also without any interruption over Bitcoin. so let's be cool and easy. hopefully, there will not be anything which harmful for this platform. if the negative thing will happen then it will be really dangerous for its future.

It not a special occasion. It is a like a nightmare day for bitcoin in my view. Confirmation time gonna increase and increase of block size also do something I think. Always be prepare for the issue and hold the bitcoin and buy the bitcoin as much you can. New multiple coin would not come at all.
hero member
Activity: 826
Merit: 529
July 25, 2017, 11:53:54 AM
I don't feel anything special for that day, I also don't think that August 1 will come easily and will also without any interruption over Bitcoin. so let's be cool and easy. hopefully, there will not be anything which harmful for this platform. if the negative thing will happen then it will be really dangerous for its future.
sr. member
Activity: 1050
Merit: 286
July 25, 2017, 11:28:53 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 agree. Someone told me that segwit is already successful. And i believe in him becuase the value of btc right now is rising and i wish it will continue to rise up.
I heard some topics about splitting of btc that it will be cancelled but i dont think if it is true. But im afraid in that day. 
newbie
Activity: 56
Merit: 0
July 24, 2017, 10:31:03 AM
The transaction confirmation time in the Bitcoin network is gradually increasing. ... YOU SHOULD NOT BE AFRAID OF AUGUST 1 ... situation where two types of crypto-illate bitcoin arise - one based on the protoco
sr. member
Activity: 546
Merit: 255
July 23, 2017, 10:56:35 PM
As far as I know there is nothing much to be worried about. I had heard that after 1st august the Bitcoin prices are going to blast. Which is indeed a good news for us. But now you are talking about splitting and stuff I don't think so anything like that would happen. So rather just wait and let's hope for the best
sr. member
Activity: 476
Merit: 250
July 23, 2017, 10:49:31 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'm not totally afraid on August 1 I'm confident that the segwit will be successful. And I'm trusting bitcoins, they accomplished too far they will never fall tofay or even in the future. The moderator will not let that happen, a lot of people will complain.
full member
Activity: 350
Merit: 170
I do crypto TRADING
July 23, 2017, 09:09:06 PM
We are now near to august one and i am starting to transfer my amounts converting it to be specific. I am not afraid tho it is just a strategy if the price would go down i can buy more amounts if I do transfer my amounts now  Wink

Nice strategy you have there particularly if the price goes south. But if it continues to go north then you will missed those opportunities and if will cost you to go back again.
hero member
Activity: 910
Merit: 500
July 23, 2017, 08:45:10 PM
We are now near to august one and i am starting to transfer my amounts converting it to be specific. I am not afraid tho it is just a strategy if the price would go down i can buy more amounts if I do transfer my amounts now  Wink
hero member
Activity: 2716
Merit: 904
July 23, 2017, 08:28:02 PM
August 1 is near but the bitcoin and other alt-coins is still strong and continues pumping it's market value, I can't even buy 1 btc for now it's 2771.94 US Dollar now and it is near 3k USD...
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