Pages:
Author

Topic: Sell Bitcoin ahead of 1st Aug Hard Fork - page 5. (Read 5517 times)

legendary
Activity: 2590
Merit: 3014
Welt Am Draht
June 20, 2017, 04:34:30 PM
#9
There won't be a split. There's a chance the price will go fucking ballistic. An actual increase in capacity has been waited for by mountains of people for years on end.

And there are no worthwhile BTC sources so I've no idea why you'd listen to them.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
June 20, 2017, 04:29:26 PM
#8
Maybe this is going to bring us some relief and prove to be a ray of hope and there's no chain split and bitcoin stays on one chain
https://cointelegraph.com/news/segwait-is-over-bitcoin-network-shows-80-percent-support-for-segwit2x

Doesn't seem to be correct. I thought segwit2x means yes, segwit first, but then LATER 2MB block increase aka hard fork aka chain split? Or did I misunderstand it all along? Time to hit the books again.
full member
Activity: 168
Merit: 100
June 20, 2017, 04:27:34 PM
#7
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.

The same for me there is too much at stake by all participants to actually fork bitcoin. Also as seen with ethereum even if it does hardfork there is no reason it should hurt the price of btc in the long term anyway.
hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
June 20, 2017, 04:25:52 PM
#6
Maybe this is going to bring us some relief and prove to be a ray of hope and there's no chain split and bitcoin stays on one chain
https://cointelegraph.com/news/segwait-is-over-bitcoin-network-shows-80-percent-support-for-segwit2x
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
June 20, 2017, 04:24:37 PM
#5
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.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
June 20, 2017, 04:01:05 PM
#4
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
When will people learn? It is extremely difficult and rare to short the cryptosphere and anyone that does deserves to lose their skin in the game. BTC is a nascent technology and will benefit all longterm hodlers. Besides even if their is a spilt by hodling BTC you'll get the spilt tokens too and whatever value they may reach. Think ETH and ETC. in summary I think you were very very foolish.
legendary
Activity: 2758
Merit: 6830
June 20, 2017, 03:56:09 PM
#3
Quite the opposite. Many people are acquiring extra in anticipation of a coin split. You would then have coins on two networks!
This doesn't look like a good idea because: If we end up spliting the chain in two, the price will probably go down a lot on both chains. And it's also possible for people to lose its coins if they sell on one chain and buy in the one with lower amount of hash rate.

Most people are actually trading for altcoins to avoid any conflict in this period.

It's also possible that we won't need to do a hard fork in August 1st because miners are starting to work to activate Segwit2x before the this date. Maybe the chain won't need to split after all...
full member
Activity: 129
Merit: 101
June 20, 2017, 03:43:06 PM
#2
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

Quite the opposite. Many people are acquiring extra in anticipation of a coin split. You would then have coins on two networks!
newbie
Activity: 10
Merit: 0
June 20, 2017, 03:18:40 PM
#1
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
Pages:
Jump to: