Before August 1, and after August 1. - page 4.

oktana

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Eloncoin.org - Mars, here we come!

Quote from: Ultegra134 on July 25, 2017, 06:35:57 PM

Quote from: makulo123 on July 25, 2017, 06:31:43 PM

So will Bitcoin split or not??? I am now so confused more than ever! 4 days ago everyone was saying that no split will happen and now different.

From what I've understood, since I am not even close to an adept user (I'd classify myself as a newbie regarding this technical stuff), Bitcoin is going to split (BCC/BitcoinCash). I'd recommend you to read this thread for more information https://bitcointalksearch.org/topic/guide-handling-splits-uasfs-bip148-etc-2012799

Which occurred in August is only about the chainsplit between bitcoin and bitcoin unlimited, another bitcoin process will be done in november, there needs to be a calm attitude in the face of this and so is the possibility for hardfork will actually happen, panic is not a choice right due to bitcoin forward still there are many possibilities after system upgrade.

Ultegra134

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Quote from: makulo123 on July 25, 2017, 06:31:43 PM

So will Bitcoin split or not??? I am now so confused more than ever! 4 days ago everyone was saying that no split will happen and now different.

From what I've understood, since I am not even close to an adept user (I'd classify myself as a newbie regarding this technical stuff), Bitcoin is going to split (BCC/BitcoinCash). I'd recommend you to read this thread for more information https://bitcointalksearch.org/topic/guide-handling-splits-uasfs-bip148-etc-2012799

makulo123

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So will Bitcoin split or not??? I am now so confused more than ever! 4 days ago everyone was saying that no split will happen and now different.

1Referee

legendary

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Quote from: iluvpie60 on July 25, 2017, 03:16:18 PM

BCCmight have some use cases that people want to utilize.

Nah. The only sort of 'use case' this coin will experience is all speculative. If you closely look at how much hate is flowing towards Jihad Wu & Co (rightfully so), you'll understand that people will literally sh!t on that coin. It will be nothing more than one of the plenty of pump and dump coins that the altcoin market has. I can see a lot people converting their coins at the very first stage, which obviously will affect the price of BCC negatively. Some people will prefer to wait a while for everything to calm down, in the hope that this coin gets pumped, and then they will convert their BCC coins to Bitcoin. I think I will follow the latter route. But as you also pointed out, there is no way to tell what is going to happen, so we'll be better off waiting for what's going to happen.

Inkdatar

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Before aug1 I will save bitcoin into an offline wallet with private key and also Im buying cheap altcoin and hold. And after aug1, Ill just observe first the movement of btc price on what the next thing to do. With all this things happen, also I planned to hold bitcoin because I can see that price will regain and increase so I can earn profit in the future.

HatakeKakashi

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Activity: 1274

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Its betyer to those people have bitcoin to dont sell thier bitcoin or dont be panic. Because as of now we dont know what is really happen in bitcoin in august1 but I hope it will increase. For sure after august 1 it will increase more because they dont have doubt in the mind of people . So we expect that price of bitcoin possible become at 3000 dollars so buy more bin now and make little profit in just few weeks.

senin

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To answer the question what I will do before August 1 with bitcoin and after the first avast, it is necessary to know what will happen to the crypto currency in this and the following days. Since we probably do not know this, there are only forecasts on this matter, it remains to wait and hope that all problems will be resolved safely.

iluvpie60

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Quote from: ebliever on July 25, 2017, 11:27:43 AM

Quote from: Lyancy001 on July 25, 2017, 09:11:34 AM

What y'all going to do before august 1, and after? I really hope that most of them will sell their btc.

If I have any BTC and can safely split it, I'll be dumping BitcoinCash with extreme prejudice and alacrity. But everything is too fluid for me to say much more than that.

Key principles I'm keeping in mind are to protect myself from risk of malware related to BitcoinCash, malfeasance by exchanges locking down funds or screwing up or getting hacked, and preserve my capital. Which means I might be exiting BTC entirely and leave it to others to play with the BTC/BCC mess until it is safe to re-enter. Alts are likely to get hammered worse that BTC (it's a consistent pattern), so they are not a good option either.

Do you think that BCC will stick around like ETC did with that split???

Maybe sell the BCC ASAP when able to, and buy back in when it hits rock bottom and hold for a bit?

I honestly have no idea how anyone here can say anything with certainty. BCCmight have some use cases that people want to utilize.

ABYHou

newbie

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I am pretty new to all this and don't hold much BTC, but this possible split worries me. Not sure whether to cash out prior to August 1 or hold.

Sterk

newbie

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Relax, sit back and enjoy the ride...I'll keep my coins where they are, and probably by extra by the time the price has dropped.

Simss

sr. member

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Merit: 250

Quote from: Babyrica0226 on July 25, 2017, 11:04:48 AM

Quote from: Lyancy001 on July 25, 2017, 09:11:34 AM

What y'all going to do before august 1, and after? I really hope that most of them will sell their btc.

This question was annoyed me so much for a couple of days. Because, honestly I don't care what will happen on this date before or after
august 1st, it is just a massive FUD only. It is supposed to be ignore by the community as much as possible.

Really, very many people have said something like this,

But if indeed I have to keep answering, then my answer is because I do not have so many bitcoins so I will not do anything but stay the day as usual.

SonyEricSon

full member

Activity: 224

Merit: 100

Relax and do not panic with anything going with bitcoin, I can feel a $ 5000 perBTC fee, I'll wait for that then I'll sell all my bitcoin, there's nothing to be afraid of

fast2fix

legendary

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Quote from: Lyancy001 on July 25, 2017, 09:11:34 AM

What y'all going to do before august 1, and after? I really hope that most of them will sell their btc.

keeping my bitcoins where they are. only weak hands will sell their bitcoins. once everything thing settles down bitcoin will reach new highs.

LodisMcguire

sr. member

Activity: 546

Merit: 261

Move all of my bitcoin to private wallet or buy altcoin of my choice
I hope after split,the price of altcoin will rise and it will make profit rather than staying in my wallet

dmitrsmirnov

full member

Activity: 504

Merit: 100

Just now, in thought, buy another bitcoin or wait for what will be after the first of August ... Huh

Yakamoto

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Quote from: Lyancy001 on July 25, 2017, 09:11:34 AM

What y'all going to do before august 1, and after? I really hope that most of them will sell their btc.

I'm waiting to see what the results of the fork are and how willing the community is to work together, but I'm thinking of closing any positions I have open and waiting to see if I can exploit any splits between BTC and BCC, but I don't know if I'll sell and just ignore the possibility of everything going to shit.

It's all a waiting game. I will continue working as normal and very little will change for me, but I'm going to avoid going into any compromising positions and trying to take risks where the rewards simply aren't worth it. Especially if BCC starts t crash harder than it is.

rickadone

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Quote from: Lyancy001 on July 25, 2017, 09:11:34 AM

What y'all going to do before august 1, and after? I really hope that most of them will sell their btc.

No I do not have any plans to sell off. I have few bitcoins in xapo and coinbase and I will move them into my electrum and that's all what I need to do for this August 1. Anyhow bitcoin will manage to continue its course of raising toward million dollars hence I never need to get panic and never need to sell my stash.

SvenBomvolen

hero member

Activity: 588

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Actually I do nothing. The price has come back on the high level and everything I did is cashed out some mBTCs for my online shopping. I don't plan to touch other coins while it it not necessary.

dmitrsmirnov

full member

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Merit: 100

What do you think about the bitcoin course in the near future?

webtricks

legendary

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Merit: 1728

Quote from: Lyancy001 on July 25, 2017, 09:11:34 AM

What y'all going to do before august 1, and after? I really hope that most of them will sell their btc.

Before Aug 1st HODL, After Aug 1st HODL! Grin

Selling BTC, exchanging them for altcoins are deeds of immature Bitcoin believers. And why do you hope most of the people sell their Bitcoins, you wanna buy at cheap?

Best is to hodl them on private keys and reimburse them to your wallet once fork completed.
' Its raining outside, park your car inside the garage. Let the rain go and you will have 2 cars once you open garage back. Isn't that amazing! '

Topic: Before August 1, and after August 1. - page 4. (Read 3879 times)