Topic: PRE August investment and BITCOIN CASH? (Read 644 times)

Everything is very good opinion, I strongly agree on the points that are given mr.Herbert2020. I want to add a little bit about BCC and BTC, I think BTC prices will be stable if all the entrepreneurs still hold it, because of the BCC they could switch to BCC and sell all their BTC assets. Bomm BCC explodes until to the moon, if it happens then BTC will go down the popular stairs.

For BTC/BCC: I think just stick with BTC and close your eyes and do not watch they FUD and hypes and pumps after 1 Aug. Next year from now those waves will be attenuated to the level of background noise.
Don't worry too much about BCC, consider it just as another alt coin, of which there are many today; have you ever seen say a ransomware requesting payment in LTC or ETH or any other alt? To create an alt in SHA-256 is sheer stupidity just by itself, to think that people will dump or eventually follow just because of the 8MB block size is even more dumb.

There are two scenarios in the future:
One is BTC is very expensive and therefore used only to hold equity by investors hedging from another investment.
Two is where satoshis are the mainstream transactions on the internet under $100, which is already solved by segwit.

So there is really no need for BCC, but no one can deny people their right to bang their heads on the wall.

For alts:
If it is all about today's cash you are after, then you need to analyse the market, fibonaci some numbers whatever day traders do, it's just another market for you where you an trade or do arbitrage

If it's about long term, then I too will join you one day in some ETH investment as I like the concept. All other alts are fine, each with their particular features, but nothing like BTC.

My opinion is that the big miners can manipulate both BTC and BCC markets heavily just by releasing a single statement about supporting one chain or the other. And I'd say they will try to manipulate it, in order to buy low / sell high and earn a lot of profit just by telling us some bullshit which may not be true in the end.

Whales dont HOLD and they keep trading constantly .. that why we have fluctuating markets. What matters to them is profit and they dont give shit about price of coin at that moment.
Fork is confirmed by so many exchanged and sources why still people deny ,,, their is no turning back .. it will happen. Either prepare for it or see urself strangled when time comes.

Why is everyone still afraid of separation. Do not you realize that this will not happen. The high price of coins today this confirmation. Whales do not want to lose millions and would sell their coins. The price would be at the bottom. This is not happening and that's an optimistic signal.

immediate fear after the forking: it seems everyone against BCC here, but If the Segwit2x agreement fails to implement the 2x part (increase block size to 2MB), which is a big UNCERTAIN,  then miners will go for Bitcoin Cash - a miners favourite!

in the mean time, the worldwide of mining capacity in the CORE's Segwited Bitcoiin would remain the same.

but grass are always greener on side of the BCC hill.
 and a poor man will always die hard trying!

I think that even if split happens and bcc drops into very low prices, you should buy more.
You can see what happened to even ethereum classic. hard forks create newer opportunities for buying low.
I also believe that its better to just hold and get free BCCs, markets may crash in those moments so you can lose your chance to buy low right after.

Interestingly, bitcoin will take a higher road after this split. I'm not sure how.

Ethereum is making a big name in the ICO Market. IMMLA is one of the start-up companies there and the team will make use of ethereum to build a decentralized system in cargo transportation. Details here: goo.gl/qeK3mQ I'm expecting the team to use bitcoin yet I'm not confident in saying ethereum is the preferred currency now. Yet, not for now but in the near future. Headlines will say, Bitcon vs. Ethereum: The Battle Begins!

Before investing you should know what is going on and what will happen based on market or prediction :
Point 1.Bitcoin price surging because a lot of people already regained their confident in Bitcoin because the activated of segwit and other than that is an Airdrop.We will get a free coin from our Pocket as long as we have a private keys to access that clone,it's one of the reason why people buying BTC because how much BTC = BCC (example you have 10BTC after chain split you will get 10 BCC/BCH),it happened because it's good coin or what ever,they're buying this because some people ( i called it opposite party ) supporting BCC/BCH that mean in their eyes BCC/BCH have a value.
conclusion point 1 : You will get profit just holding your Bitcoin for a few day (obviously we will see a pump before a huge dump because whales will using this time to maximize their profite)

If you read my point 1. you should know what will you do,don't worry about declining of the price because nothing wrong will happen in Bitcoin.
Because of Segwit,it's a new start for further improvement in Bitcoin

Scenarios A: You buy say BTC at rate of 2700 USD and u will get 1 BCC which you plan to sell on 1 Aug. Price of BCC will be dropping very fast considering the dump by lot of people. So lets say you catch middle on the flow and get 200 USD for that BCC so in the end you will own 1 BTC + 0.1 BTC from your BCC selling (considering BTC dips to 2100 around that period). If you got the way of my calculation.

Scenario B: You spend 2700 to buy BTC when price drop to 2100 USD. You will get ~1.3 BTC which is still higher considering the Scenario A

Answer to your final question is .. Long term value will depend on how much BTC you hold in your wallet. Free doesnt always mean its good. It might be coming at a cost.

I can give you Scenario C: Wait till 31st july to see fluctuations on BTC amount, I you can get your hands on 1BTC at around 2000 USD get it. 3000 USD keep for BTC dip buying.

Thanks a lot for your opinion.

I might just keep holding ETH, ANS and ICN for now and hope that it will go up in the next coming month. As for BITCOIN, i still got some funds left , i was just scared of the price today...its currently at 2350 EURO wich is high?!  Should i still go for it, hoping for BCC value?

just be careful with your altcoin investments. about 4 or 5 months ago altcoin market was very alive and rising. it was a legit bull market but like always it did not last for long. it is now ended and we have entered the next phase which is the dumping phase. i don't even think we can call it a bear market!

what i speculate is that bitcoin price will go up from now on. so if you don't have BTC at all, then buy some. if you have something or bought some, then keep it and keep fiat at hand to buy in case an opportunity showed up.

in the end remember that it is up to you to decide, i may be wrong. i am simply sharing what i have done.

I still got like 2000 USD in ETH now (rest in ALT coins), ...  think its good idea to trade them into BTC today and then keep the 5000 USD as standby for after AUgust 1st?

If you wish to hold get some more BCC and take advantage of it buy more bitcoins. But do note that BCC will have a very low value - do your own research though. Bitcoins price might go down a bit the following week, but keep in mind that it will recover.
It is much risk free to buy btc lower, but if you buy BTC now and sell it later, you  might even out with the help of BCC.

so far, as you already know your 10,000 dollar investment in ETH is causing you a lot of losses and will probably continue to lose a lot in the following months. the drip doesn't seem to slow down nor stop with this coin, people are finally dumping this because of all the hacks and ICO exits.
i am not sure about the other two altcoins, but in general the altcoin market is not very good at the moment. the bubbles are bursting.

as for bitcoin, it has always been the best investment that you can hope for in crypto space. it is good for the long term and if you are a trader you can also make a lot of money from short term fluctuations.
the BCC thing is like the icing on the cake. a giveaway to anyone who holds bitcoin. some free money if you like.

Hi guys ,

I am rather new to the whole crypto world but have watched tons of videos and read forums. I had around 10,000 usd on the side and invested in BTC, ETH, ANS and ICN. All in the last few days. Think it was a good investment?
I know that the prices are already high and it was probably stupid to buy all these coins just before the predicted crash on August 1st.

Now the big question is:
I have another 5000 USD on the side and would like to take advantage of BTC / BCC (Bitcoin CASH) situatiuon, so please explain to me...

Scenario A) 
As far as i understand the situation is as following. Its the 29th July today, the BTC price went up again from the dip it made two days ago. Now, if i buy bitcoin TODAY and therefore BEFORE August 1st i will pay a high USD price but will get an extra free coin (BCC) after August 1st, right?

Scenario B)
It i wait for the predicted dip after August 1st and store/prepare some USD to instantly buy the dip, then i might get a better rate for BTC...BUT i will not get the free BCC and would have to buy it separately in case it actually is worth anything.

BIG final question is!!!
Will the high BTC price today + free BCC be a better investment long term than waiting for the dip after August 1st and only buy cheap BTC but miss out on the free coin???

Please guys, i would be super happy for any clarification, thoughts and advise Wink

Cheers