Can we know about Aug 1 before Aug 1? - page 2.

CyberKuro

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Quote from: ChiBitCTy on July 17, 2017, 08:08:04 AM

Quote from: talkbitcoin on July 17, 2017, 05:34:45 AM

Quote from: gloomboomdoom on July 17, 2017, 02:36:37 AM

Maybe I'm fantasizing but haven't markets priced in Aug 1 already?

Will we have to wait until the very day to know whether soft or hard fork or whatever?

Or can you pick up signs that the solution is decided already while cryptos are behaving like a tempest in a teapot?

the activation and the result of that date is a process not something that happens over night without anybody knowing and being caught off guard.

first miners start signalling then a total hashrate that is behind every proposal becomes clear and based on that you can see what the outcome will be. so far there is about 90% behind SegWit and that means it will be activated without any problems.

some people love to create disruption and say miners will pull out near the end but i like to stick to reality rather than what may happen.

and the signalling and the locked in status is achieved in one difficulty period if i am not mistaken which is 2016 blocks. (someone should verify this since i am not sure how timeframe of each of these things go, there are too much information
p.s the price actions are 70% manipulation and 30% panic sells.

"So far there is about 90% behind SegWit"- could you clarify that? From who? From what I've read the core group of programmers are not in agreement anywhere close to 90%. Also isn't it important to clarify if you're speaking towards SegWit or SegWit2?

If 90% believe it would be activated without any problems there certainly would be far less panic than there is right? ( and I'm speaking of panic from the big players in BTC like the heads of each exchange).

Don't you know about segwit2x is just a bait to activate segwit?
I'm sure he was talked about both of it, check at https://coin.dance/blocks as mining pools mostly support segwit2x.
But BIP141 will be activated on August 1st, so we will know about miners signal for it or not, but it seems like chain split will be happen.
People shouldn't panic due to this news as there is no something dangerous that may harm your bitcoin. Read at https://bitcointalksearch.org/topic/august-1-bip148-preparedness-2017191

ChiBitCTy

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Quote from: talkbitcoin on July 17, 2017, 05:34:45 AM

Quote from: gloomboomdoom on July 17, 2017, 02:36:37 AM

Maybe I'm fantasizing but haven't markets priced in Aug 1 already?

Will we have to wait until the very day to know whether soft or hard fork or whatever?

Or can you pick up signs that the solution is decided already while cryptos are behaving like a tempest in a teapot?

the activation and the result of that date is a process not something that happens over night without anybody knowing and being caught off guard.

first miners start signalling then a total hashrate that is behind every proposal becomes clear and based on that you can see what the outcome will be. so far there is about 90% behind SegWit and that means it will be activated without any problems.

some people love to create disruption and say miners will pull out near the end but i like to stick to reality rather than what may happen.

and the signalling and the locked in status is achieved in one difficulty period if i am not mistaken which is 2016 blocks. (someone should verify this since i am not sure how timeframe of each of these things go, there are too much information
p.s the price actions are 70% manipulation and 30% panic sells.

"So far there is about 90% behind SegWit"- could you clarify that? From who? From what I've read the core group of programmers are not in agreement anywhere close to 90%. Also isn't it important to clarify if you're speaking towards SegWit or SegWit2?

If 90% believe it would be activated without any problems there certainly would be far less panic than there is right? ( and I'm speaking of panic from the big players in BTC like the heads of each exchange).

SvenBomvolen

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Quote from: aTriz on July 17, 2017, 03:41:30 AM

Quote from: gloomboomdoom on July 17, 2017, 02:36:37 AM

Maybe I'm fantasizing but haven't markets priced in Aug 1 already?

Will we have to wait until the very day to know whether soft or hard fork or whatever?

Or can you pick up signs that the solution is decided already while cryptos are behaving like a tempest in a teapot?

Well, the market right now may or may not be the market of August the first, after the hard fork or soft fork. For all, we know Bitcoin could drop to 1000 USD or it could even rise all the way to 3000 USD. Right now though, Bitcoin has recently fallen from 2800 USD all the way to less than 2000 USD in a matter of days, but it seems like the prices are stabilising and going back up. Bitcoin rose 100 in only 3 hours, so we may see Bitcoin back where it is soon

It's two weeks stayed before the 1st Agust and even if it seems that Bitcoin is coming back in the price I think that the fall will be continued and we will see much lower results of this fall soon.

hilariousetc

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Quote from: gloomboomdoom on July 17, 2017, 02:36:37 AM

Maybe I'm fantasizing but haven't markets priced in Aug 1 already?

What makes you think that? If this was true then the price likely wouldn't have fallen so much recently. Nobody can predict definitively what is going to happen within the hour regarding value with bitcoin so nobody is going to be able to tell you what will happen on August 1st until it has happened.

coin-investor

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So far Bitcoin is bouncing back, it's not really good if we keep are spreading fud in the coming August segwit, let us all become positive that after the segwit, price will go back to it's good price or even better if Bitcoin dies everything associated with it will die.

HasHe

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Quote from: aTriz on July 17, 2017, 03:41:30 AM

Quote from: gloomboomdoom on July 17, 2017, 02:36:37 AM

Maybe I'm fantasizing but haven't markets priced in Aug 1 already?

Will we have to wait until the very day to know whether soft or hard fork or whatever?

Or can you pick up signs that the solution is decided already while cryptos are behaving like a tempest in a teapot?

Well, the market right now may or may not be the market of August the first, after the hard fork or soft fork. For all, we know Bitcoin could drop to 1000 USD or it could even rise all the way to 3000 USD. Right now though, Bitcoin has recently fallen from 2800 USD all the way to less than 2000 USD in a matter of days, but it seems like the prices are stabilising and going back up. Bitcoin rose 100 in only 3 hours, so we may see Bitcoin back where it is soon

Yes.even though bitcoin price started to fall from $2800 to $1900,its price started to recover today.It shows that there is still huge demand for buying bitcoins among investors who just waited for a long time to buy bitcoins at such a cheap price.I personally hope that bitcoin would soon cross #3000 after segwit activation and thats why i hold my bitcoins despite the confusions in the bitcoin market.

gilangIDR

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Quote from: gloomboomdoom on July 17, 2017, 02:36:37 AM

Maybe I'm fantasizing but haven't markets priced in Aug 1 already?

Will we have to wait until the very day to know whether soft or hard fork or whatever?

Or can you pick up signs that the solution is decided already while cryptos are behaving like a tempest in a teapot?

We still have to wait until that date. Because everything can be revealed very clearly, there will be no speculation until it finally happens and comes true.

Red-Apple

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Quote from: ahmedjamal1998 on July 17, 2017, 05:41:21 AM

It's of course totally impossible.

no it is not, it actually is totally easy and soon will be clear. it actually is starting as we speak.
the blocks are starting to change their version to the new ones to signal the new bit which is for the proposal they want to support. if you take a look at coin.dance or any block explorer that shows you the version of blocks you can see many are signalling version 0x20000002 or 0x20000012 which both are showing support for SegWit and the percentage is growing.

that may even be the reason for price recovering about 10%

v0rtecxz

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Quote from: aTriz on July 17, 2017, 03:41:30 AM

Quote from: gloomboomdoom on July 17, 2017, 02:36:37 AM

Maybe I'm fantasizing but haven't markets priced in Aug 1 already?

Will we have to wait until the very day to know whether soft or hard fork or whatever?

Or can you pick up signs that the solution is decided already while cryptos are behaving like a tempest in a teapot?

Well, the market right now may or may not be the market of August the first, after the hard fork or soft fork. For all, we know Bitcoin could drop to 1000 USD or it could even rise all the way to 3000 USD. Right now though, Bitcoin has recently fallen from 2800 USD all the way to less than 2000 USD in a matter of days, but it seems like the prices are stabilising and going back up. Bitcoin rose 100 in only 3 hours, so we may see Bitcoin back where it is soon

I also think so, now the market is going downhill, but I think it's only temporary until the pump will pump it again, I'm sure bitcion will increase again as time passes, but all back to every user in handling it, so far Still many unknown Until that day comes, will be like its front, I hope it will be better

ahmedjamal1998

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I'm pretty sure you know the answer to your question.
It's of course totally impossible.

You'll see threads popping hear and there saying "hey bitcoin is gonna fall and die" and others saying "hey it'll be worth more than $4k".

These are just people "talking".
No one has assurance what's gonna happen.

Is segwit gonna be fully activated or a hard for is incoming ? I just wish for the best with no split and segwit.

We just need to have some patience.

talkbitcoin

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Quote from: gloomboomdoom on July 17, 2017, 02:36:37 AM

Maybe I'm fantasizing but haven't markets priced in Aug 1 already?

Will we have to wait until the very day to know whether soft or hard fork or whatever?

Or can you pick up signs that the solution is decided already while cryptos are behaving like a tempest in a teapot?

the activation and the result of that date is a process not something that happens over night without anybody knowing and being caught off guard.

first miners start signalling then a total hashrate that is behind every proposal becomes clear and based on that you can see what the outcome will be. so far there is about 90% behind SegWit and that means it will be activated without any problems.

some people love to create disruption and say miners will pull out near the end but i like to stick to reality rather than what may happen.

and the signalling and the locked in status is achieved in one difficulty period if i am not mistaken which is 2016 blocks. (someone should verify this since i am not sure how timeframe of each of these things go, there are too much information)

p.s the price actions are 70% manipulation and 30% panic sells.

aTriz

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Quote from: gloomboomdoom on July 17, 2017, 02:36:37 AM

Maybe I'm fantasizing but haven't markets priced in Aug 1 already?

Will we have to wait until the very day to know whether soft or hard fork or whatever?

Or can you pick up signs that the solution is decided already while cryptos are behaving like a tempest in a teapot?

Well, the market right now may or may not be the market of August the first, after the hard fork or soft fork. For all, we know Bitcoin could drop to 1000 USD or it could even rise all the way to 3000 USD. Right now though, Bitcoin has recently fallen from 2800 USD all the way to less than 2000 USD in a matter of days, but it seems like the prices are stabilising and going back up. Bitcoin rose 100 in only 3 hours, so we may see Bitcoin back where it is soon

gueorguiev

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I don't think there is any definite way to know if these are the august 1st market prices. They could drop even lower. We already know the dates that are set to each scaling solution, but whats important is how each party responds after the date, which is still unknown until it passes.

gloomboomdoom

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Maybe I'm fantasizing but haven't markets priced in Aug 1 already?

Will we have to wait until the very day to know whether soft or hard fork or whatever?

Or can you pick up signs that the solution is decided already while cryptos are behaving like a tempest in a teapot?

Topic: Can we know about Aug 1 before Aug 1? - page 2. (Read 1213 times)