Topic: Sell Bitcoin ahead of 1st Aug Hard Fork - page 2. (Read 5517 times)
Your title is incorrect. There's a difference between a hardfork and a chain split. If we increase the block size to 2mb that is a hardfork which is not happening anytime soon. BIP148 is coming and a chain split MAY happen in the form of a legacy chain and bip 148 chain, the latter of the two having segwit. A hard fork is not backwards compatible and would create 2 bitcoins, this is not going to happen. bitcoin xt, classic and unlimited have all tried and failed. None of the developers on core is on board with a hard fork. A chain spilt is nothing to worry about as long as you have and secure your own private keys. If you leave them on an exchange there's no telling what will happen to your bitcoins. We've all seen what happens when people trust exchanges. I think the price will increase as august 1st approaches as people take their coins off exchanges and into cold storage. Regardless, segwit is coming one way or the other.
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.
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.
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
This is what happen when you let other people take the decisions for you, your time will be better spent by reading actual news and not FUD attempts, after that then you can take a decision and stick with it, whether that is to say in bitcoin, trade for altcoin or to get fiat, if you let other people take the decisions for you then you will be like you are right now, confused about what to do with your money. 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
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.the worst thing i ever bought with BTC was USD ........
Another panic sell for me.
You believed in a news that you aint sure.
Get your own facts and try to make it at 100 percent so that you could be 100 percent sure of ehat you are doing.
This aint BTC investing for me. Better just let it stay and wait for that moment.
From the start BTC have been a risk. Why change now?
You believed in a news that you aint sure.
Get your own facts and try to make it at 100 percent so that you could be 100 percent sure of ehat you are doing.
This aint BTC investing for me. Better just let it stay and wait for that moment.
From the start BTC have been a risk. Why change now?
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.
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
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
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. 2) Would you buy back in now or wait sitting on cash for a better price entry point in the coming weeks?
The price will be get dumped so hard. Avoid holding btc and try to hold another coin. The bitcoin will migrate or save his decimal to the fiat.
So why the fuck are you still promoting a signature campaign which pays in bitcoin ? Just switch over to a altcoin paying campaign already! Hypocrite.I will try another chance in altcoin. I think the fork of bitcoin will give me the more opportunity to get a decent profit on there.
1.Logic not found.2.You don't know what a fork is.
3.I hate spammers who bullshit.
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.
Only an idiot would sell now, the price is likely to double as soon as we get segwit2x...
I'm not selling my bitcoin because i know that bitcoin will increase and get more bigger than before we have different options like me if you're wise you won't sell bitcoin because you know how bitcoin works even the richest people in earth wouldn't take of mind of selling their bitcoins because they already invested and they're just waiting for the right time .
Yes. Selling bitcoin prior to Aug 1 is not a option because I really don't think that bitcoin will dive after that. If the price goes down, then the more time to hold on it. Why people are still questioning bitcoin's resiliency? It has already proven from the past that it can recover and rebound more from the previous price. Do you want to miss the boat when the price goes high? So hold, hold and hold is the best option for most of us.
I shall be holding and waiting for August to decide whether to purchase more BTC or even a range of altcoins. I feel risk in either selling or buying now so inaction actually seems best
The price is more likely to break out upwards so selling now would be stupid. Just my personal opinion but HODLING is the best option right now gentlemen.
I'm not selling my bitcoin because i know that bitcoin will increase and get more bigger than before we have different options like me if you're wise you won't sell bitcoin because you know how bitcoin works even the richest people in earth wouldn't take of mind of selling their bitcoins because they already invested and they're just waiting for the right time .
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.
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
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.
If day trading, the uncertainty prior to the event will cause a dip - it always does. On the day of the event, once fears subsides, people will quickly reinvest pumping the price. Split or not, people will jump back in due to knowing the path forward.
If not day trading, just hold.
In other words, if you have to ask about whether speculation based on news is correct, you're not a day trader, and made the wrong choice selling and will likely lose out. August 1st and the day before belong to the day traders making quick decisions based on signals. The volitility and subsequently the risk will be high.
If not day trading, just hold.
In other words, if you have to ask about whether speculation based on news is correct, you're not a day trader, and made the wrong choice selling and will likely lose out. August 1st and the day before belong to the day traders making quick decisions based on signals. The volitility and subsequently the risk will be high.
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.
Remember that bitcoin is legal to japan that is why the price was not reach the full potencial its because of rejected segwit few months ago.
Since miners are agree i think segwit can give a good affect to the price movement. .
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.
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