Sell Bitcoin ahead of 1st Aug Hard Fork

atjiat

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Quote from: anujjain on July 12, 2017, 04:00:00 PM

I don't think any drastic step will taken on 1st Aug. They tried before this but when time came they backed off.

I am expecting same this because developer stakes are too high we even can't think. If something wrong happen price will fall sharply and they will also lose big chunk of their funds.

I think that selling Bitcoin today will be available only for those who want to spend their money and buy something important. Of course, today the rate is much better than even a month ago. But I would not advise giving everything now.

anga3636

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Quote from: CoinCidental on July 07, 2017, 12:57:51 AM

Quote from: mrfreezeh on July 07, 2017, 12:45:24 AM

Quote from: logicgate on July 05, 2017, 07:40:29 AM

Quote from: CoinCidental on July 04, 2017, 12:20:58 AM

Only an idiot would sell now, the price is likely to double as soon as we get segwit2x...

Right only those sell bitcoin now who has not know the power of bitcoin, who idoit they sell their bitcoin now because they have no knowledge and no more expert in bitcoin techniques that is they sell before the August. You are right that after the segwit its price will be more increase to it's double.

Haha, because you not see in history you can say that, after have news about hard folk and when near deathline, the price of Bitcoin "usually" fall down and panic seller will happening. Although, I love and still using Bitcoin, but keep safe my money important than invest have more risk

the worst thing i ever bought with BTC was USD ........

On the off chance that you take the essential careful steps than you don't need to be stressed over your bitcoins. A few people have clarified straightforward and reasonable approaches to play it safe and it isn't difficult to tail them. All of individuals are as yet exchanging, shopping or sing other stuff with bitcoin as they typically do. Very few individuals fear august uncommonly specialists. Some are likewise recommending that bitcoin may reach $3,000 before the finish of 2017 in view of August 1 BIP148 proposition. So there is not something to be stressed over.

CoinCidental

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Si vis pacem, para bellum

Quote from: HasHe on August 10, 2017, 01:23:37 PM

Quote from: Matt01061983 on June 20, 2017, 02:18:40 PM

Hi everyone,

I have recently sold a large part of my BTC portfolio as I was spooked by a various sources telling me that BTC was heading for plummeting prices following 1st Aug and hard fork. They have also said that July will be incredibly unstable in terms of price as we approach the deadline. I a now sitting on cash and waiting for the best time t go back into BTC

Given that the price of BTC has risen every day this week and feeling that I sold unnecessarily and am considering buying back in. can you feedback to me.

1) Is the 1st Aug really going to be that bad and should we expect volatility in July as we approach the date?
2) Would you buy back in now or wait sitting on cash for a better price entry point in the coming weeks?

Thanks all

Matt

Many people did the foolish act of selling their bitcoins at the bottom price of $1800 due to the fear of hardfork.It was a lucky chance for big whales who were awaiting for that situation eagerly.They just grabbed those BTCs at very cheap price.Those who have sold BTC at that time are now regretting for their decision.

We told them not to panic sell but they were greedy and expected to buy back moar btc..... Now it's the time to get back in before 10k and then 100k.....

Don't let one bad call ruin your moonshine Gentlemen Wink

HasHe

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Quote from: Matt01061983 on June 20, 2017, 02:18:40 PM

Hi everyone,

I have recently sold a large part of my BTC portfolio as I was spooked by a various sources telling me that BTC was heading for plummeting prices following 1st Aug and hard fork. They have also said that July will be incredibly unstable in terms of price as we approach the deadline. I a now sitting on cash and waiting for the best time t go back into BTC

Given that the price of BTC has risen every day this week and feeling that I sold unnecessarily and am considering buying back in. can you feedback to me.

1) Is the 1st Aug really going to be that bad and should we expect volatility in July as we approach the date?
2) Would you buy back in now or wait sitting on cash for a better price entry point in the coming weeks?

Thanks all

Matt

Many people did the foolish act of selling their bitcoins at the bottom price of $1800 due to the fear of hardfork.It was a lucky chance for big whales who were awaiting for that situation eagerly.They just grabbed those BTCs at very cheap price.Those who have sold BTC at that time are now regretting for their decision.

The_Dark_Knight

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Quote from: BTCLovingDude on July 12, 2017, 04:05:17 AM

Quote from: Nicol3 on July 12, 2017, 03:54:20 AM

Some are scared off by the August 1 Hard Fork speculations

what is this August 1 "hard fork" you are talking about? there is no hard fork there.
there is only a Soft Fork planned on that date and only if it gains enough support and so far it doesn't.

there is also one thing wrongly named Hard Fork which is a joke and mostly a public stunt by bitmain and it is irrelevant.

While the idea of a hard fork is a joke in the sense there was no software to try to make that a reality when it was announced, it is not a joke when it comes to the power behind it, about 80% of the hash rate were supporting this, that is not something to laugh about it.

anujjain

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I don't think any drastic step will taken on 1st Aug. They tried before this but when time came they backed off.

I am expecting same this because developer stakes are too high we even can't think. If something wrong happen price will fall sharply and they will also lose big chunk of their funds.

xSkylarx

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Quote from: hase0278 on July 05, 2017, 08:28:59 AM

Quote from: Matt01061983 on June 20, 2017, 02:18:40 PM

1) Is the 1st Aug really going to be that bad and should we expect volatility in July as we approach the date?
2) Would you buy back in now or wait sitting on cash for a better price entry point in the coming weeks?

To answer your question number 1, August 1 is going to be a bad or a good day depending on the changes implementrd so I expect a volatility as we approach the date because of the uncertainty. To answer your question number two, I would consider buying back in right after the news about August 1 hardfork has been released if it is good because it is the best time to rebuy if it would be a success and was good. If it wasn't wait a little more a few days or weeks before debuting back bitcoin.

Yeah we should really wait for the effect before we panic and sell all our coin,
It might be good to hold or sell some before August 1 then buy back if the price drop down.

cramcram21

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★777Coin.com★ Fun BTC Casino!

Nope I think I would hold my bitcoin and see what happens next,
I think it would rise up after the price drop down since more investors are going to grab that opportunity.

quarkyplum

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Quote from: ruclassic on July 12, 2017, 06:48:58 AM

If Segwit will come and price of BTC down because of Segwit only than after that obviously price will going up more than present price. So i think no worry if you hold BTC. Price will definitely increase in future.

Why not choose selling your Bitcoin to buy extra amount although you know the price can falldown in next time? If you know that but still hold your Bitcoin, you will waste your money and not helps to make more profit, just make you have scared and wating long time.

ximply

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I do crypto TRADING

Cast your vote people and lets see what our Bitcoin community really thinks about the price of Bitcoin.

Here is the link https://bitcointalksearch.org/topic/m.20078967

Sweetbtc

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Quote from: CoinCidental on July 06, 2017, 11:23:31 PM

There is no guarantee of any price dropping, unbelievable FUD

If you don't buy your btc BEFORE August 1st you won't have a coin on both chains....

If you sell now your just feeding hungry whales who are likely paying trolls to create this FUD

Even the major banks and hedgefunds have been buying in over the last few months because they know the money will pile in when we have a solution that can scale and that's coming soon, one way or another lol Wink

Yes exactly. Only one caution is that if we control our privatekey
then we can choose any chain we do not need to worry ,
if you have balances in exchnages / web wallets like xapo then move them into your electrum / bread wallet
both xapo and coinbase balances should be moved out because we cannot decide to choose a chain with your xapo balance

ruclassic

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If Segwit will come and price of BTC down because of Segwit only than after that obviously price will going up more than present price. So i think no worry if you hold BTC. Price will definitely increase in future.

BTCLovingDude

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BTC to the moon is inevitable...

Quote from: Nicol3 on July 12, 2017, 03:54:20 AM

Some are scared off by the August 1 Hard Fork speculations

what is this August 1 "hard fork" you are talking about? there is no hard fork there.
there is only a Soft Fork planned on that date and only if it gains enough support and so far it doesn't.

there is also one thing wrongly named Hard Fork which is a joke and mostly a public stunt by bitmain and it is irrelevant.

Nicol3

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Bitcoins price is crazy and predictable and it has been for quite sometime now. Some are scared off by the August 1 Hard Fork speculations but I think it is just normal. It may dump back to $2000 but eventually it will increase back, that's why some coin holders who have been in this business for a couple of years now are just holding on to their coin. It is a wise idea though to keep your bitcoin in a secured wallet just to make sure. We'll never know, before the year ends bitcoins price could go twice its new ath.

BitcoinSupremo

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Maybe a good idea, maybe not. The market is unpredictable and will have crazy movement during these days. It maybe a right move or a wrong one, it depends on how the market will react. We don't know for sure that a hard fork will happen. I suggest you keep your coins,(in a wallet in which you are in total control, i.e electrum wallet) and watch the developments sidelined, that is what I will do. Pretty sure the price will get back steam as soon as the waters will be calmed.

InvoKing

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✋(▀Ĺ̯ ▀-͠ )

Quote from: Matt01061983 on June 20, 2017, 02:18:40 PM

Hi everyone,

I have recently sold a large part of my BTC portfolio as I was spooked by a various sources telling me that BTC was heading for plummeting prices following 1st Aug and hard fork. They have also said that July will be incredibly unstable in terms of price as we approach the deadline. I a now sitting on cash and waiting for the best time t go back into BTC

Given that the price of BTC has risen every day this week and feeling that I sold unnecessarily and am considering buying back in. can you feedback to me.

1) Is the 1st Aug really going to be that bad and should we expect volatility in July as we approach the date?
2) Would you buy back in now or wait sitting on cash for a better price entry point in the coming weeks?

Thanks all

Matt

1- the price gonna be unpredictable and crazy
2- move your coins to a safe place where you control your private keys and hold it until the situation be more clear

freedomno1

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Learning the troll avoidance button :)

The real effect is mixed, its a good idea to have both cash and Bitcoin at the same time in positions as a hedge towards any situation that may come up, the user sentiment is cautious but bullish. At the same time bears have very good reasons to be pessimistic hence there really is a lot of uncertainty in the market, best advice is controlling your private keys so you can execute if an exchange or site holding your coins is slow to react when the opportunity strikes.

HasHe

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Quote from: Matt01061983 on June 20, 2017, 03:44:43 PM

Thanks all

The price is now pretty much what I sold at a few weeks ago - do you think I should buy all back in that case?

Yes,you could buy back.Even much before segwit has been activated,we could see that transactions are confirmed very fast and even at a very low fee.It would make more people to come towards bitcoin again for sure.So its price would increase very high.better buy nowitself following rule of warren buffet that buy when evry one is selling.Good luck.

The_Dark_Knight

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Quote from: Avametra on July 03, 2017, 03:45:28 AM

Quote from: The_Dark_Knight on July 02, 2017, 11:24:45 PM

Quote from: Kemarit on June 24, 2017, 04:12:37 PM

Quote from: The_Dark_Knight on June 22, 2017, 10:41:14 PM

Quote from: Minecache on June 20, 2017, 03:24:37 PM

Btw I'm more convinced than ever that there won't be a split and the market appears to agree as the BTC price is moving upwards. I think you've made a foolish mistake but each to their own.

I agree, I think bitcoin is headed for a price spike after we get segwit finally activated so the best thing to do now is to hold your bitcoins, yes, there is going to be instability but nothing that we have not seen before and after that bitcoin will go up once again.

Personally, we really don't know what will happen come Aug 1. But I agree with you that we should all just hold on our bitcoin stash and see what will be the price after Aug 1. There are so much speculation on this date. But the best option really is just on your bitcoin. If the price spike then its an opportunity to earn if you want to sell it. But if the price goes down, then don't sell but wait for the market to rebound. Is has proven already that bitcoin is so resilient that it can bounce back after a big crash.

Then I think the best conclusion we can draw from your post is that at the end we are going to win if we stick with bitcoin, if after august 1 we hold and the price goes up we get earnings, and if the price goes down, then buy cheap bitcoin and wait for the rebound.

Almost all people have already decided on how they will act on August 1. And many came to the conclusion that in case of a sharp drop in prices, they will buy bitcoin for the future. This suggests that people trust crypto currency and believe in its bright future

In order to buy somebody needs to sell, so if there is a price reduction in the price that allow us to buy bitcoin for cheap then that means that supply is above demand or in other words there will need to be more sellers than buyer for that to happen.

CoinCidental

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Si vis pacem, para bellum

Quote from: duke944 on July 07, 2017, 04:54:56 PM

Quote from: CoinCidental on July 07, 2017, 12:57:51 AM

Quote from: mrfreezeh on July 07, 2017, 12:45:24 AM

Quote from: logicgate on July 05, 2017, 07:40:29 AM

Quote from: CoinCidental on July 04, 2017, 12:20:58 AM

Only an idiot would sell now, the price is likely to double as soon as we get segwit2x...

Right only those sell bitcoin now who has not know the power of bitcoin, who idoit they sell their bitcoin now because they have no knowledge and no more expert in bitcoin techniques that is they sell before the August. You are right that after the segwit its price will be more increase to it's double.

Haha, because you not see in history you can say that, after have news about hard folk and when near deathline, the price of Bitcoin "usually" fall down and panic seller will happening. Although, I love and still using Bitcoin, but keep safe my money important than invest have more risk

the worst thing i ever bought with BTC was USD ........

Lol, you must have very little experience buying alts. Or, maybe you have a crystal ball, or maybe you are just full of shit.

aha ,someone else who has a wealth of no idea .......
good luck son ,youre gonna need it

Topic: Sell Bitcoin ahead of 1st Aug Hard Fork (Read 5550 times)