Fear Of August 1st | Bitcointalksearch.org

bohr

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Quote from: gabmen on August 07, 2017, 02:20:41 AM

Quote from: bohr on August 06, 2017, 05:56:12 PM

Quote from: BlockEye on August 04, 2017, 12:38:35 AM

Quote from: Victorycoin on August 03, 2017, 07:46:57 PM

Quote from: Kiweikoo on July 31, 2017, 12:18:04 AM

Quote from: RodeoX on July 26, 2017, 09:22:46 AM

Fear smells just like money. Wink

Cool! I will agree with you. August 1st is something that should be cherished rather than feared. I don’t know why people are too much afraid of this. August 1st is going to make bitcoins more important and valuable than ever. Bitcoins are definitely taking ride to moon in the coming months.

You are right, this will turn to a more formidable Bitcoin in the long run, though people can't help but panic at times like this because there is actually possibility of losing money or drop in value especially those not having very deep pockets.

August 1 didn't give too much impact on BItcoin Price which is in contrary to many users here speculation. Besides that, BTC price keeps strong and never out of range of 2600$ below.
BCH hype is just a joke. It's peak price last only for 1 day and many traders are loss much money because of hyping.

One of the reasons for that was that many of the reasons people had to fear August 1 were resolved before that, thanks to BIP 91 there was almost no risk of a split so everything went fine, the only problem was the announcement of a hard fork in the form of BCH, I think this has stopped bitcoin somewhat and that is why it has not skyrocket to 4000 dollars but as soon as BCH disappears I think we are going to see that price.

Bch or not, btc will get there. All the hype didn't really amount for anything as all of us now have realized, it didn't have that much effect. And i agree, the hardfork probably would be for the better of btc in the future. Nevermind what happens to bcc.

It seems that your prediction was right, since bitcoin is about to touch the 4000 dollars per bitcoin but at the same time I think it is going to happen something similar to what happened when we touched 3000 everyone is targeting that price so as soon as we touch it many traders are going to begin to sell their bitcoin and we will see a correction in the price and we are going to remain there for some time.

gabmen

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Quote from: bohr on August 06, 2017, 05:56:12 PM

Quote from: BlockEye on August 04, 2017, 12:38:35 AM

Quote from: Victorycoin on August 03, 2017, 07:46:57 PM

Quote from: Kiweikoo on July 31, 2017, 12:18:04 AM

Quote from: RodeoX on July 26, 2017, 09:22:46 AM

Fear smells just like money. Wink

Cool! I will agree with you. August 1st is something that should be cherished rather than feared. I don’t know why people are too much afraid of this. August 1st is going to make bitcoins more important and valuable than ever. Bitcoins are definitely taking ride to moon in the coming months.

You are right, this will turn to a more formidable Bitcoin in the long run, though people can't help but panic at times like this because there is actually possibility of losing money or drop in value especially those not having very deep pockets.

August 1 didn't give too much impact on BItcoin Price which is in contrary to many users here speculation. Besides that, BTC price keeps strong and never out of range of 2600$ below.
BCH hype is just a joke. It's peak price last only for 1 day and many traders are loss much money because of hyping.

One of the reasons for that was that many of the reasons people had to fear August 1 were resolved before that, thanks to BIP 91 there was almost no risk of a split so everything went fine, the only problem was the announcement of a hard fork in the form of BCH, I think this has stopped bitcoin somewhat and that is why it has not skyrocket to 4000 dollars but as soon as BCH disappears I think we are going to see that price.

Bch or not, btc will get there. All the hype didn't really amount for anything as all of us now have realized, it didn't have that much effect. And i agree, the hardfork probably would be for the better of btc in the future. Nevermind what happens to bcc.

bohr

sr. member

Activity: 994

Merit: 257

Quote from: BlockEye on August 04, 2017, 12:38:35 AM

Quote from: Victorycoin on August 03, 2017, 07:46:57 PM

Quote from: Kiweikoo on July 31, 2017, 12:18:04 AM

Quote from: RodeoX on July 26, 2017, 09:22:46 AM

Fear smells just like money. Wink

Cool! I will agree with you. August 1st is something that should be cherished rather than feared. I don’t know why people are too much afraid of this. August 1st is going to make bitcoins more important and valuable than ever. Bitcoins are definitely taking ride to moon in the coming months.

You are right, this will turn to a more formidable Bitcoin in the long run, though people can't help but panic at times like this because there is actually possibility of losing money or drop in value especially those not having very deep pockets.

August 1 didn't give too much impact on BItcoin Price which is in contrary to many users here speculation. Besides that, BTC price keeps strong and never out of range of 2600$ below.
BCH hype is just a joke. It's peak price last only for 1 day and many traders are loss much money because of hyping.

One of the reasons for that was that many of the reasons people had to fear August 1 were resolved before that, thanks to BIP 91 there was almost no risk of a split so everything went fine, the only problem was the announcement of a hard fork in the form of BCH, I think this has stopped bitcoin somewhat and that is why it has not skyrocket to 4000 dollars but as soon as BCH disappears I think we are going to see that price.

Victorycoin

hero member

Activity: 1134

Merit: 517

Quote from: pizamoi on August 04, 2017, 01:13:25 AM

Quote from: MAbtc on August 04, 2017, 01:11:11 AM

Quote from: BlockEye on August 04, 2017, 12:38:35 AM

Quote from: Victorycoin on August 03, 2017, 07:46:57 PM

Quote from: Kiweikoo on July 31, 2017, 12:18:04 AM

Quote from: RodeoX on July 26, 2017, 09:22:46 AM

Fear smells just like money. Wink

Cool! I will agree with you. August 1st is something that should be cherished rather than feared. I don’t know why people are too much afraid of this. August 1st is going to make bitcoins more important and valuable than ever. Bitcoins are definitely taking ride to moon in the coming months.

You are right, this will turn to a more formidable Bitcoin in the long run, though people can't help but panic at times like this because there is actually possibility of losing money or drop in value especially those not having very deep pockets.

August 1 didn't give too much impact on BItcoin Price which is in contrary to many users here speculation. Besides that, BTC price keeps strong and never out of range of 2600$ below.

Yup, volatility was disappointing considering the August 1st predictions. However, I don't think we are out of the woods yet. I don't think the major fundamental threat was BIP148/BIP91 nor Bcash.

I think the major fundamental threat is the Segwit8x fork in November. That has the backing of many major Bitcoin companies, exchanges and miners. They have a lot of marketing power. So I think this could cause a real network split in November, which could have lasting implications. And this is also a reason for market uncertainty now.

Segwit8x? You mean Segwit2x right? As far as I understand the new york agreement has backing of 85% of the hash power so it should be stable and I don't think anyone wants further chain splits after bitcoin cash.

The absent of much volatility around August 1st as anticipated, I guess should not be interpreted as the storm being over! BIP91 presupposes a hard fork after 3 months and BIP148 still does not share that point of view. For now, there is relative stability in the network, let's savor it while it last and hope a consensus would be reached before the next crossroad.

pizamoi

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Activity: 105

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Quote from: MAbtc on August 04, 2017, 01:11:11 AM

Quote from: BlockEye on August 04, 2017, 12:38:35 AM

Quote from: Victorycoin on August 03, 2017, 07:46:57 PM

Quote from: Kiweikoo on July 31, 2017, 12:18:04 AM

Quote from: RodeoX on July 26, 2017, 09:22:46 AM

Fear smells just like money. Wink

Cool! I will agree with you. August 1st is something that should be cherished rather than feared. I don’t know why people are too much afraid of this. August 1st is going to make bitcoins more important and valuable than ever. Bitcoins are definitely taking ride to moon in the coming months.

You are right, this will turn to a more formidable Bitcoin in the long run, though people can't help but panic at times like this because there is actually possibility of losing money or drop in value especially those not having very deep pockets.

August 1 didn't give too much impact on BItcoin Price which is in contrary to many users here speculation. Besides that, BTC price keeps strong and never out of range of 2600$ below.

Yup, volatility was disappointing considering the August 1st predictions. However, I don't think we are out of the woods yet. I don't think the major fundamental threat was BIP148/BIP91 nor Bcash.

I think the major fundamental threat is the Segwit8x fork in November. That has the backing of many major Bitcoin companies, exchanges and miners. They have a lot of marketing power. So I think this could cause a real network split in November, which could have lasting implications. And this is also a reason for market uncertainty now.

Segwit8x? You mean Segwit2x right? As far as I understand the new york agreement has backing of 85% of the hash power so it should be stable and I don't think anyone wants further chain splits after bitcoin cash.

MAbtc

hero member

Activity: 826

Merit: 508

Quote from: BlockEye on August 04, 2017, 12:38:35 AM

Quote from: Victorycoin on August 03, 2017, 07:46:57 PM

Quote from: Kiweikoo on July 31, 2017, 12:18:04 AM

Quote from: RodeoX on July 26, 2017, 09:22:46 AM

Fear smells just like money. Wink

Cool! I will agree with you. August 1st is something that should be cherished rather than feared. I don’t know why people are too much afraid of this. August 1st is going to make bitcoins more important and valuable than ever. Bitcoins are definitely taking ride to moon in the coming months.

You are right, this will turn to a more formidable Bitcoin in the long run, though people can't help but panic at times like this because there is actually possibility of losing money or drop in value especially those not having very deep pockets.

August 1 didn't give too much impact on BItcoin Price which is in contrary to many users here speculation. Besides that, BTC price keeps strong and never out of range of 2600$ below.

Yup, volatility was disappointing considering the August 1st predictions. However, I don't think we are out of the woods yet. I don't think the major fundamental threat was BIP148/BIP91 nor Bcash.

I think the major fundamental threat is the Segwit8x fork in November. That has the backing of many major Bitcoin companies, exchanges and miners. They have a lot of marketing power. So I think this could cause a real network split in November, which could have lasting implications. And this is also a reason for market uncertainty now.

BlockEye

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Activity: 1148

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Quote from: Victorycoin on August 03, 2017, 07:46:57 PM

Quote from: Kiweikoo on July 31, 2017, 12:18:04 AM

Quote from: RodeoX on July 26, 2017, 09:22:46 AM

Fear smells just like money. Wink

Cool! I will agree with you. August 1st is something that should be cherished rather than feared. I don’t know why people are too much afraid of this. August 1st is going to make bitcoins more important and valuable than ever. Bitcoins are definitely taking ride to moon in the coming months.

You are right, this will turn to a more formidable Bitcoin in the long run, though people can't help but panic at times like this because there is actually possibility of losing money or drop in value especially those not having very deep pockets.

August 1 didn't give too much impact on BItcoin Price which is in contrary to many users here speculation. Besides that, BTC price keeps strong and never out of range of 2600$ below.
BCH hype is just a joke. It's peak price last only for 1 day and many traders are loss much money because of hyping.

Victorycoin

hero member

Activity: 1134

Merit: 517

Quote from: Kiweikoo on July 31, 2017, 12:18:04 AM

Quote from: RodeoX on July 26, 2017, 09:22:46 AM

Fear smells just like money. Wink

Cool! I will agree with you. August 1st is something that should be cherished rather than feared. I don’t know why people are too much afraid of this. August 1st is going to make bitcoins more important and valuable than ever. Bitcoins are definitely taking ride to moon in the coming months.

You are right, this will turn to a more formidable Bitcoin in the long run, though people can't help but panic at times like this because there is actually possibility of losing money or drop in value especially those not having very deep pockets.

bohr

sr. member

Activity: 994

Merit: 257

Quote from: bagholder10 on July 31, 2017, 01:55:10 AM

The whales will be selling unfortunately.
BTC will definitely drop, the question is how far?
The BTC price @ around 2700 USD includes within it BCC, which is currently around $340 USD.
So the real price for BTC is currently about $2360 USD.

I have sold my BTC because i'm concerned the price will drop a lot on Aug 1st.

So far your prediction has been wrong is not as easy as to try to compare prices and then making a simple subtraction, bitcoin cash has that price because people are speculating in the exchanges as soon as th exchanges allow everyone to deposit their bitcoin cash and everyone tries to dump it then the price is going to be very close to zero.

fullhdpixel

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Activity: 2828

Merit: 611

Quote from: Fesatmas on July 30, 2017, 11:00:56 PM

Quote from: Sniper150 on July 30, 2017, 08:45:10 PM

Many people are panicking about what could possibly happen on August 1. People who have savings in their wallet are afraid and that is the reason why they are getting all of their bitcoin on their wallet. I cannot believe that bitcoin will be splitting on this coming August 1. I really love bitcoin and I would continue supporting it.

It's normally if they panic, we do not know what will happen later. People who hold their bitcoins may be worried if a bitcoin split occurs. Some of them may have sold their bitcoins before splitting.

Yeah that’s the real spirit. No one needs to fear of anything it is obvious that bitcoin will come over with a lot more profit than it gives now. So there is nothing to worry about if you are thinking and fearing that you will have to face any kind of loss then believe me you are not a true trader. If you are getting some profit then it is obvious that from 1st august you will get double of it.

michellee

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as we see today is 1st august and the price is increase and break $29xx, soon we can see it will break $3xxx and increase more higher. I think we can take a deep breath for now because the price is increase but we need to stay alert if eventually the price is suddenly down. i am happy because I am not selling my btc yet and I am waiting more than $3xxx so I can decide how much I want to take profit.

arpon11

sr. member

Activity: 882

Merit: 282

The fear of august first is almost over and we hope nothing happens at the end of the day when bitcoin cash split away. I will keep on holding my bitcoin as I am hopeful that nothing serious will happen as the politicians who are trying to create crisis on bitcoin network will be put to shame.

Harriti

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HEX: Longer pays better

Quote from: Diced90 on August 01, 2017, 12:48:39 AM

Quote from: Question123 on July 30, 2017, 09:19:26 PM

For sure most of the people now in the bitcoin world are now afraid , scared or doubt in their mind . Because they possible bitcoin decrease . But if bitcoin price decrease for sure it will increase again because many people buy more bitcoin.

Honestly i do not know what people are afraid of.. price is very much intact so there should be another reason, maybe a united bitcoin is what we want and not the split.

Bitcoin not split, just "add" new Bitcoin on market with the name Bitcoin Cash after SegWit in today. I don't know the reason more people think this is a split from Bitcoin, they just used old blockchain of Bitcoin and create this coin for distribuite free lol.

Diced90

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Get'em boys

Quote from: Question123 on July 30, 2017, 09:19:26 PM

For sure most of the people now in the bitcoin world are now afraid , scared or doubt in their mind . Because they possible bitcoin decrease . But if bitcoin price decrease for sure it will increase again because many people buy more bitcoin.

Honestly i do not know what people are afraid of.. price is very much intact so there should be another reason, maybe a united bitcoin is what we want and not the split.

glowing10

full member

Activity: 812

Merit: 142

In few hour we will know the exact status of the split. But in the mean time btc prices are soaring form ystd. It has reached to 2860 $ already and if this continues before the spit it will cross 2900$ for sure. There are many who have exited their position now.

criz2fer

full member

Activity: 672

Merit: 127

Don't fear August 1, it will still depend on the market if the bitcoin will rise or fall . Since its August 1, the bitcoin continue to rise. Although i'm a newbie i'm trying to read more about this segwit. Just read and read to get updates for those who are more experience in this journey.

bagholder10

newbie

Activity: 6

Merit: 0

The whales will be selling unfortunately.
BTC will definitely drop, the question is how far?
The BTC price @ around 2700 USD includes within it BCC, which is currently around $340 USD.
So the real price for BTC is currently about $2360 USD.

I have sold my BTC because i'm concerned the price will drop a lot on Aug 1st.

13abyknight

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Activity: 602

Merit: 252

Quote from: Armstand on July 30, 2017, 11:48:43 PM

Quote from: Fesatmas on July 30, 2017, 11:00:56 PM

Quote from: Sniper150 on July 30, 2017, 08:45:10 PM

Many people are panicking about what could possibly happen on August 1. People who have savings in their wallet are afraid and that is the reason why they are getting all of their bitcoin on their wallet. I cannot believe that bitcoin will be splitting on this coming August 1. I really love bitcoin and I would continue supporting it.

It's normally if they panic, we do not know what will happen later. People who hold their bitcoins may be worried if a bitcoin split occurs. Some of them may have sold their bitcoins before splitting.

Some already sold it that cause a big dump last few weeks ago, it's normal to get panicked especially we have saved that btc of ours diligently and we wanted it to help us. It's taking a risk , tomorrow we can know what is going to happen finally.

Those who panic sell during a dump are the biggest losers and experienced traders would never do this. The view is to hold for a time that assures profit and not to panic sell during a dump and trading experience is what it comes down to.

Kiweikoo

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Activity: 1036

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Quote from: RodeoX on July 26, 2017, 09:22:46 AM

Fear smells just like money. Wink

Cool! I will agree with you. August 1st is something that should be cherished rather than feared. I don’t know why people are too much afraid of this. August 1st is going to make bitcoins more important and valuable than ever. Bitcoins are definitely taking ride to moon in the coming months.

sunsilk

hero member

Activity: 3038

Merit: 634

Quote from: Question123 on July 30, 2017, 09:19:26 PM

For sure most of the people now in the bitcoin world are now afraid , scared or doubt in their mind . Because they possible bitcoin decrease . But if bitcoin price decrease for sure it will increase again because many people buy more bitcoin.

But if you have enough knowledge on what's about to happen you will never worry at all.

You will mostly think about the possible chance of getting some free money with the split, it will give you free alt coin (BCC).

Just don't be one of those that is fearing tomorrow's event.

Topic: Fear Of August 1st (Read 4744 times)