August 1, Bitcoin will Ends? - page 4.

zarados

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Quote from: rajuahmed330 on June 23, 2017, 01:51:09 AM

Bitcoin will seperate after august 1?
or
Bitcoin will end?
Some of sites written about this.
Need a Expert opinion or Real news. So waiting....

Bitcoin will end? Which site wrote that ?, you say some, it means there is more than one.
Come on..1 august is just a date to be skipped like any other date. That is only the date where since the release segwit2 up to 1 August, how much percent support the proposal. Even if there is a dump, it does not mean the end of bitcoin. It's not that easy to end it.

rajuahmed330

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thanks all.
thanks for your valuable feedback

shinratensei_

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Quote from: tiggytomb on June 27, 2017, 04:15:33 AM

Bitcoin will not end, it will change / evolve. We will probably end up in a similar situation to ETH and ETC where they had two chains for the same coin, it is certainly an interesting time but not something to panic about it is more of an exciting time in the evolution of bitcoin.

Are you sure? You said that the bitcoin will have ended up like ETH and ETC but I've heard another said that the bitcoin will not get forked and just there will be an improvement such as Segwit and 2MB hardfork.
But if the bitcoin will get UASF in 1 august and I think there is a lot of chance the chain split to happen. My thought if that must be avoided.
We know that the community of ethereum gets divided caused by the chain split.

John Wick

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Quote from: leopard2 on June 27, 2017, 04:46:18 PM

Yes Bitcoin will die, it has died before, several times, so nothing special Cheesy

I'm sorry but this does not make any sense to me. It never died, the others only can harm and injure bitcoin. Nothing more, they can do.

xderek

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Quote from: iamTom123 on June 23, 2017, 02:18:00 AM

Based on my own reading and research on this very important matter, for sure this will not be the end for Bitcoin and in fact this act is done to make Bitcoin more agile and efficient so that it can handle more transactions which hopefully can unclog the backlogs of transactions in the blockchain. There is no debate that there is a big problem in Bitcoin and what is being debated until now is the correct solutions or solutions for the problem of scaling.

Now, the worst that can happen will be the split almost similar to what happened to Ethereum that resulted into the classic Ethereum or ETC and the more popular ETH. In case, there would be a split then maybe we can be receiving two types of Bitcoin by then but this can of course affect the value of the coin most especially immediately after the event.

However, I still believe that there would be no split and if there is then it will not be bloody as feared by many. The bigger interest of the common people holding Bitcoin should prevail.

So many pools signed this, why would the majority want an end to bitcoin? would it still make sense since so many started buying into.

leopard2

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Yes Bitcoin will die, it has died before, several times, so nothing special Cheesy

South Park

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Quote from: aesma on June 25, 2017, 12:11:59 AM

Quote from: mzforfree on June 24, 2017, 06:57:02 PM

Quote from: iamTom123 on June 23, 2017, 02:18:00 AM

Based on my own reading and research on this very important matter, for sure this will not be the end for Bitcoin and in fact this act is done to make Bitcoin more agile and efficient so that it can handle more transactions which hopefully can unclog the backlogs of transactions in the blockchain. There is no debate that there is a big problem in Bitcoin and what is being debated until now is the correct solutions or solutions for the problem of scaling.

Now, the worst that can happen will be the split almost similar to what happened to Ethereum that resulted into the classic Ethereum or ETC and the more popular ETH. In case, there would be a split then maybe we can be receiving two types of Bitcoin by then but this can of course affect the value of the coin most especially immediately after the event.

However, I still believe that there would be no split and if there is then it will not be bloody as feared by many. The bigger interest of the common people holding Bitcoin should prevail.

so how do we know which kind of BTC we have now if this happens?

The "beauty" of a hard fork when you own coins is that you should get double the coins. Coins on the new chain + coins on the old chain. Of course you need to really own the coins, meaning they must be in the right wallet.

The problem with that way of thinking is that you will have two different coins, but those coins are not going to be worth the price of the original, I think the loss of value could be great since many will be in doubt of what to do and even if the two coins were more valuable than the original that does not mean that you are going to be able to sell them since many recommend not moving the coins while we are in such a state of confusion.

DoublerHunter

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Quote from: tiggytomb on June 27, 2017, 04:15:33 AM

Bitcoin will not end, it will change / evolve. We will probably end up in a similar situation to ETH and ETC where they had two chains for the same coin, it is certainly an interesting time but not something to panic about it is more of an exciting time in the evolution of bitcoin.

The only thing that we are sure is, bitcoin will have a new face after the august 1 and a lot of changes will be felt by the users of bitcoin like the new and improved block size which is capable of more transactions and it will provide a larger space and faster transactions which is what most of the bitcoin users look for because even i, i'm very pissed with the slow confirmation time and i hope this even in august 1 will be the solution.

tiggytomb

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Bitcoin will not end, it will change / evolve. We will probably end up in a similar situation to ETH and ETC where they had two chains for the same coin, it is certainly an interesting time but not something to panic about it is more of an exciting time in the evolution of bitcoin.

SHANTA

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That is segwit on August 1 I however it is ideal for bitcoin, it can expands the Bitcoin's square size point of confinement and i think it will influence the cost of bitcoin turn out to be more higher. I'm certain bitcoin won't end, perhaps it convey an uplifting news to all bitcoin utilize

autistaorange

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Quote from: Crypt0m0ney on June 25, 2017, 06:10:39 AM

after reading all the time posts, blogs, various opinion....
it's seems that 1st august it will be just an opportunity for everyone in the industry, who invest, who is in business, who mine....
this is good chance to talk more about bit coin and grab people attention

I agree. GREAT opportunity to buy coming up.

A.H.Rassel

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After August 1 or even couple of days prior, there will be a few financial specialists freeze, need to offer their bitcoins and it will cause high supply and following couple of days everything will be typical. With taking care of a few issues, for example, exchange times, People will likewise offer their altcoins and purchase bitcoins. Accordingly bitcoin will be more important than it is today. There is no purpose behind consummation bitcoin however there will be some essential changes. As well as can be expected is sit tight for the coming days. However There is one thing clear. Bitcoin will never end. Bitcoin is future cash

mylabs01

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Quote from: rajuahmed330 on June 23, 2017, 01:51:09 AM

Bitcoin will seperate after august 1?

or

Bitcoin will end?

Some of sites written about this.

Need a Expert opinion or Real news. So waiting....

i dont care with this kind of news. i know this is just some sort of a FUD which will really cause the holders to panis sell and whats worst? the one that will really be penetrated and affected by these FUDs are the newbies in this cryptocurrency world.

btcdiggingmaster

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Quote from: SMSabuj on June 25, 2017, 05:33:10 AM

Never, I think Bitcoin doesn't end ever. They provide wrong information to you. You can search on google and watch another blog about Bitcoin you can get clear information.

Yes, it is not possible in present condition because already many big countries have signed on Bitcoin is legal in their country. Right now there is a lot of bad speculation rotating with ETH also it means that it is going to end.

zekeshawn

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There might be a split and changes this coming August 1, it could be bitcoin price will dump more or it will pump but definitely not the end of Bitcoin and I'm sure or that.

Scorpion

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Nope. Bitcoin grows stronger. With experience, acquired knowledge, unification and direction Bitcoin will only get better.

SvenBomvolen

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Quote from: Multatio on June 25, 2017, 07:56:13 AM

I see no reason why it would be the end of Bitcoin. In fact that will simply be the activation of Segwitx2 or whatever it is called.

Looks like you don't know a thing about what is happening and how it will affect on all situation.
In a short word: by prognoses the price of bitcoin will increase two times (I actually doubt in such big growth, but to see some plus in the price will be pretty expected). The situation with transactions is going to be solved. We just need SegWit, cause of the number of users are increasing and current situation with transaction is promissing to become only worse.

voltesbit777

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Quote from: rajuahmed330 on June 23, 2017, 01:51:09 AM

Bitcoin will seperate after august 1?

or

Bitcoin will end?

Some of sites written about this.

Need a Expert opinion or Real news. So waiting....

This is just food to mislead others about what will happen in the upcoming august 1, there is no basis at all if you are going to believe on this matter. How can you believe on such things like this if Bitcoin now is continuously growing and the demand was also increased. So its better to stick on buying bitcoin then hold in a long term.

Taskford

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Quote from: Kateryna_Oli on June 25, 2017, 07:43:52 AM

Quote from: alani123 on June 25, 2017, 07:34:59 AM

Ultimately, the economic majority along with miners will decide where bitcoin should head. If UASF fails perhaps bitcoin would continue to be as it is now but we're likely seeing a SegWit activation either way. Hopefully no major chain split will occur because an "added value" scenario like ETC with ETH could me more damaging in bitcoin's case.

Activation of SegWit will improve or worsen the situation?

Of course, it will improve the block chain. That's why segwit2x is here. Let's wait for the activation and put our hopes in positive way.
And one thing is sure after August 1, bitcoin will be still on us.

PancherBitCoin

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Quote from: szpalata on June 25, 2017, 11:16:16 PM

Quote from: btvGainer on June 25, 2017, 08:02:16 AM

Same thing happened to ertherium and despite all odds both eth and etc doing well and growing stronger by day.
I think bitcoin is the best crypto that we could have and it will only grow stronger even if split happens

Precisely, this is clearly another of the doomsayers theories which will not stand the test of time because it's founded on lies. Bitcoin has come to stay so no matter what they may predict it will not be affected by August 1 decisions.

I just now realized that the author wanted to convey to today's Bitcoin users. It seems to me that this is a complete absurdity and I do not understand what is being done at all. We all know that Bitcoin will exist for a long time and have a very potential future. I do not imagine that the price of 2,500 dollars for Bitcoin can change so dramatically and drastically.

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