Was entertaining but not for those who lose when they panic during the bear trap. BTC dip almost less than 2k and suddenly went up and some did panic to sell and save thier money but found out it goes up eventually. It must be frustrating to see how things happen.
But I'm glad I still have BCC. I gained a lot I should say.
Topic: Have we all been entertained? Can we finally have business as usual? (Read 922 times)
August 02, 2017, 11:25:12 AM
August 02, 2017, 11:17:26 AM
Nope. I wasn't entertained. It was a huge mess. Lol. For the meantime, everything is back to normal and we can do business as usual but we cannot assume right now that everything is really ok. We need to wait for a few months to see when will it all become stable. We should be more extra careful for everything.
Yes, recently no one could foresee how further developments will develop and what to do next with the crypto currency. Therefore, the market felt insecure and a slight panic. Thank God, everything is over. Now the market will revive, which is already felt by the growth rate that bitcoin, or altcoyin. However, it is necessary to remain cautious and not take any risks. 
August 02, 2017, 04:00:57 AM
To be honest we won't be totally out of the drama until around the end of the year, and even then there might be some more to come.
You can expect a bear market sooner or later. Everyone is convincing themselves that $2700 is a price "drop" and that is a really bad sign. With the hype of a 2MB hard fork with moderately low consensus, there might be a lot of confusion as well.
It's also possible that BCH will get dumped when Bittrex allows deposits, or that there will be FUD years in the future about whether BCH is going to "take over". Perhaps both could happen.
You can expect a bear market sooner or later. Everyone is convincing themselves that $2700 is a price "drop" and that is a really bad sign. With the hype of a 2MB hard fork with moderately low consensus, there might be a lot of confusion as well.
It's also possible that BCH will get dumped when Bittrex allows deposits, or that there will be FUD years in the future about whether BCH is going to "take over". Perhaps both could happen.
August 02, 2017, 03:12:22 AM
I guess both split and fork sagas are finally finished. I hope the community has blown out some steem, trolls and speculators have been busy these days and I hope now we can get back to the growth and relative stability we have had before.
What do you expect next in crypto? Do you think we re finally going to see $3k BTC? Will alts start bouncing again? Will we see waves of new users flocking into crypt? Maybe another fork?
What do you expect next in crypto? Do you think we re finally going to see $3k BTC? Will alts start bouncing again? Will we see waves of new users flocking into crypt? Maybe another fork?
Its really a long journey to achieve all this and I cant wait to start reading testimonies about how this whole exercise has payed off in several ways starting from the reduction in transaction fees and the increased confidence in the price of bitcoin which should metamorphose into increase in its price couple with other adoptions around the globe. All these, I am expecting to happen in due course for all this to worth it eventually.
August 02, 2017, 03:04:38 AM
Yes, we can finally focus on Bitcoin transition to 2M in November so it goes smooth. The Aug 1 BIP148 was distraction from small blockers trying to mess up Bitcoin, but fortunately Bitcoiners saved the day with SegWit2x activation.
Easy does it. There's gonna be a lot of pushback against a hard fork, especially one so rushed as three months. I think even if we were talking about a hard fork 12 months out, you'd have significant opposition from most Core devs. If bitcoin businesses and miners follow through and push an 8x hard fork in November, there will definitely be a split. Unfortunately, the businesses have lots of money backing them, and lots of money to spend. Either way, things will be interesting. Don't expect it to go smoothly.
August 02, 2017, 03:03:56 AM
Yes, we can finally focus on Bitcoin transition to 2M in November so it goes smooth. The Aug 1 BIP148 was distraction from small blockers trying to mess up Bitcoin, as usual.
I think everything will go smoothly now, so we don't have to do a thing with preparation. BTC is already prepared for that. And yes, just as stated in the thread name, we can finally have the usual things done. I guess the transactions are now accessible, so we can buy, sell, send and do whatever we want to do with the upgraded bitcoin version. 
August 02, 2017, 02:56:08 AM
Well it was scant value in terms of entertainment, but I suppose we're all breathing a bit easier now. I was most curious about LBC and other exchanges in my country who almost completely ignored this period - but they also appear to have made it across the line without glitches. Business as usual indeed.
August 02, 2017, 02:54:42 AM
Now, most of the talk would go back again to how much bitcoin can rise given that no setbacks were encountered yesterday. People might talk about Bitcoin Cash for a while but bitcoin would still command the bigger attention, as always. We might see alts rising side by side with bitcoin, because the lure of making more money is more irresistible now. Right now, I am expecting the price to make a rally towards a new high even if there some resistances along the way.
August 02, 2017, 02:52:28 AM
Yes, we can finally focus on Bitcoin transition to 2M in November so it goes smooth. The Aug 1 BIP148 was distraction from small blockers trying to mess up Bitcoin, but fortunately Bitcoiners saved the day with SegWit2x activation.
August 02, 2017, 02:50:11 AM
No. "Business as usual" means you can actually take delivery of your coins. But as far as I know, no exchanges are yet allowing deposits or withdrawals of Bitmain Crash coins, no doubt due to the complete lack of any halfway-reliable wallet software (many Bitmain Crash nodes outright crashed during the fork, and while nobody seems to be investigating the cause too closely, there's speculation that that initial 1.9MB block was just too much for low-memory systems) and questions about the stability of the network itself (there seems to be something strange going on with their miners; I suspect they're exploiting a flaw in the new, untested difficulty adjustment mechanism). As a result, there is no "real" trading of Bitmain Crash coins, which may be significantly overvalued due to the fact that nobody can send their coins to exchanges to sell them.
Expect much more entertainment to follow in the coming days.
Expect much more entertainment to follow in the coming days.
August 02, 2017, 02:47:43 AM
I guess both split and fork sagas are finally finished. I hope the community has blown out some steem, trolls and speculators have been busy these days and I hope now we can get back to the growth and relative stability we have had before.
What do you expect next in crypto? Do you think we re finally going to see $3k BTC? Will alts start bouncing again? Will we see waves of new users flocking into crypt? Maybe another fork?
What do you expect next in crypto? Do you think we re finally going to see $3k BTC? Will alts start bouncing again? Will we see waves of new users flocking into crypt? Maybe another fork?
It is now finally over and everybody has been back to their senses. The panic attack was quite stressful affecting bitcoin's price but everything is now okay. Hopefull BTC wi rise to more than 3000$. And it is possible until the end of 2017. Cryptos will also become valuable ofcourse.
August 02, 2017, 02:45:56 AM
I think the rise of bitcoin starting today, after yesterdat It almost reach a $3k and drop again to around $2,6 and right now its start to recover little by little. Or maybe we'll see the discount time again, so we can buy more and profit more. But I wonder how the alts have a significan grow while the btc is falling down. Are you guys holding Bcc? because the starting price is high.
Still bitcoin was not stable to its value. There are time that it increase high and there are time that it decrease again and back to its normal value. I think other altcoin affected on it whenever there is a pump and dump to the value of bitcoin. Iam not holding bcc because i think it may decrease soon. I much prefer in holding bitcoin. August 02, 2017, 02:35:11 AM
I guess both split and fork sagas are finally finished. I hope the community has blown out some steem, trolls and speculators have been busy these days and I hope now we can get back to the growth and relative stability we have had before.
What do you expect next in crypto? Do you think we re finally going to see $3k BTC? Will alts start bouncing again? Will we see waves of new users flocking into crypt? Maybe another fork?
If bitcoin hadn't forked we would be over $3000 now. What do you expect next in crypto? Do you think we re finally going to see $3k BTC? Will alts start bouncing again? Will we see waves of new users flocking into crypt? Maybe another fork?
August 02, 2017, 02:31:12 AM
Nope. The real drama hasn't even begun yet. The biggest hurdle has always been the 2x deployment part of segwit2x that's due in 3 month's time.
+1And the biggest drama is that Chinese brothers are getting ready for 1st of November with their BCC/BCH shit invented lately
August 02, 2017, 02:29:39 AM
I guess both split and fork sagas are finally finished. I hope the community has blown out some steem, trolls and speculators have been busy these days and I hope now we can get back to the growth and relative stability we have had before.
What do you expect next in crypto? Do you think we re finally going to see $3k BTC? Will alts start bouncing again? Will we see waves of new users flocking into crypt? Maybe another fork?
If bitcoin hadn't forked we would be over $3000 now. What do you expect next in crypto? Do you think we re finally going to see $3k BTC? Will alts start bouncing again? Will we see waves of new users flocking into crypt? Maybe another fork?
August 02, 2017, 02:28:53 AM
Nope. I wasn't entertained. It was a huge mess. Lol. For the meantime, everything is back to normal and we can do business as usual but we cannot assume right now that everything is really ok. We need to wait for a few months to see when will it all become stable. We should be more extra careful for everything.
August 02, 2017, 02:23:07 AM
Nope. The real drama hasn't even begun yet. The biggest hurdle has always been the 2x deployment part of segwit2x that's due in 3 month's time.
Indeed, this is backed by all the corporate elements in Bitcoin (as well as miners). Businesses act for their users, so if they unite behind a hard fork along with miners, they could probably take a lot of the economy with them. I imagine they collectively have a lot of money to market their plans to the public as well.
I guess now that we are over the BIP148 hurdle, we have three months of arguing and FUD heading into the proposed November hard fork.
August 02, 2017, 02:12:47 AM
The split has been finished but the BCH network is still unstable takes a long time for transactions can be confirmed. But people can trade BCH in another market who is accepted BCH to BTC. The drama has ended its time for traders to revive alts. And also hope that this can make the BTC through to the price of 3k
August 02, 2017, 01:51:22 AM
Nope. The real drama hasn't even begun yet. The biggest hurdle has always been the 2x deployment part of segwit2x that's due in 3 month's time.
and the mempool drama of whenever segwit let users actually use segwit keypairs.
August 02, 2017, 01:23:09 AM
Nope. The real drama hasn't even begun yet. The biggest hurdle has always been the 2x deployment part of segwit2x that's due in 3 month's time.
Well BCC s got it right, Litecoin s got it right, all I see in 3 months is another opportunity to short, make money on it and get out of it even more loaded.
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