Topic: After Aug 1st and SegWit (Read 3409 times)

Read my signature, it have all answers.

Also, I being sold something, but this is because i need fiat money for personal things. now is much better price, and we need to wait for this 1st August

Many people are worried about the issue of August 1 including me so as to sell bitcoin, but now the issue is starting to decline and bitcoin prices go back to the best level.

Just do it as commanded, and do not try anything extreme.
Keep Bitcoin in an offline wallet, or sell and cross in cash. That's a great solution. Your bitcoin will be safe there.

Email from Coinbase this morning.
Sure others have seen, thought i would post this here none the less.

You have a good plan and I think it should be done if you can afford to buy bitcoin now as much as you can, speculation about segwit2x has no uncertain certainty, I'm still sure if bitcoin price after 1st August will still increase slowly.

It is hard to to say what will happen immediately after August first and on your birthday (advance! ) since we do not know what will happen exactly on that date. When it comes to the price, we will see some increase but not that immediately. It is always expected that the price will go up so it will.

After August 1 IF the hard fork will be approved and initiated there BTC will split and the price going down will likely to happen but it wont be long because updated and faster system will be use and such will result to an going up trend better system more user. If there wont be it will be same as is and as the trade market shows today BTC will likely bounce back and recover because all the panic sellers wont have the reason to panic sell again which will give the BULL or BUYERS an upper hand . So for me Both split and non split will still cause a higher price to btc as it is now.

won't be much changes in price trend in a long run, so I am not concerned if there could be a split or not.

positive thinker are those who have patience to wait till the value comes up to their interest, if you have that attitude then you can hold your bitcoin
and wait till results showed up, this aug 1 really creates more speculations so even we seen bounce back we are not assured yet that downfall won't
happen again on or after aug 1.

I predict that after the august 1 the value of the bitcoin will rise up it will become double or even triple.

I believe that too, I am sure that after this August 1 segwit thingy the value will come back to what is used to be. And not just that maybe the value will continue to rise up just like the usual bitcoins. They are just falling down because of those holders who are panicking and selling all their bitcoins.

Well no one really knows what will happen before and after August 1 but let's hope for the best. That maybe after August 1, bitcoin will rise slowly but surely like its price will surely get to the moon. Hope the price will be playing around $2600 to $3000.

I just wanted to share what I've read to the site I invested. I don't know if it's really true. Let's wait and see. There's a saying goes " Just cross the bridge when we get there"

These are the lines........

We've promised you to express our opinion concerning the coming August 1, 2017 event. So here’s what we'd like to share with you:

At the moment the major Bitcoin market participants, such as Bitgo, for example, do support the Bitcoin Core version, which solves the network scalability problem and DOES NOT presuppose the Bitcoin network split. So in case the miners activate the SegWit before August 1, the BIP 148 WON’T be implemented, and all the users will remain in the same single chain regardless the client they use.

In case the majority of miners accept the BIP 148, the chain split will be TEMPORARY and a result all the clients will see the same chain, but the SegWit will be activated for all the SegWit compatible clients (versions starting form Bitcoin Core 0.13.1).

Finally the miners and the largest cryptocurrency exchanges are interested in increasing the number and volume of transactions performed according to the single protocol, and that doesn’t presuppose the chain split.


As they promise us the investors to keep calm and stay away from this panic. Whatever happens, the situation is under control, and our BTC holdings won’t be lost.

I can say the bitcoin will pump again and the price of it will rise again.

I am expecting it too that all things will turn right already.There will be a stable price already for bitcoin that will still attract lot of users.And expect lot of good things on it.It might somehow reach $3000.

After 1'st August I expect quite a pressure on the network. If everyone will see that all was smooth(hopefully), they will start to get back to BTC and very likely send BTC from exchange to their private wallet, hence the stress test of the network.

Do you think that bitmain that try to apply UAHF ( User Activating Hard Fork) will succeed. In my opinion economic bitcoin will not receive push from bitmain. The hardfork can down bitcoin in very low and make lost interest for new buyers. Are all bitcoin users will choose hardfork? for myself I don't really like it.

Nope it will be for not a long time fair, uncertainty, doubt because after implementation bitcoin will bounce back. The result will be pure better and boost in growing of bitcoin in the market. While we can get benefits as you said on 1 August. We can buy more bitcoins, or it is opportunity from bitcoin that it is come down that people can buy bitcoins easily.

I hold a bitcoin that I think is huge, so what should I do?
I was confused and a day ago sell about 30% bitcoin at a low price.
Is there a safe wallet to avoid this or what can I do to best decision?