Topic: Should I buy bitcoins before or after August 1st? - page 4. (Read 5315 times)
I expect that until the first of August panic will do its job and the price will drop coins as possible. This will allow me to buy more coins and after the second of August very good money when the price starts to go up. But that's just my opinion, I'm no expert.
On August 1st, they will implement the Segwit and there are some uncertainties involved. If I were wanting to invest, should I do it before or after the date?
My concern is that the price would still be higher than the price on August 2nd if the implementation did not go as smooth as planned and caused the price to drop.
Also, what is the official words on the implementation?
It really depends just on what you want to do, there's nothing that really guarantees how well the fork will go and, while it will likely go smoothly due to the amount of testing they'll be doing (and probably are doing right now) prior to the actual implementation of it. But you're right, things can go wrong or people might sell due to uncertainty. If anything, I would wait for the presumed dip soon before it happens and then buy. But it's your money and I'm not going to tell you what to do. My concern is that the price would still be higher than the price on August 2nd if the implementation did not go as smooth as planned and caused the price to drop.
Also, what is the official words on the implementation?
On August 1st, they will implement the Segwit and there are some uncertainties involved. If I were wanting to invest, should I do it before or after the date?
My concern is that the price would still be higher than the price on August 2nd if the implementation did not go as smooth as planned and caused the price to drop.
Also, what is the official words on the implementation?
Well if you have some money to invest, and you do not mind losing it, i would suggest for you to invest. Yes that could be a good idea, or it could be bad. But if i had money, i would definitely invest it. Because what ever happen, i do not think price will go down, and even if that happen, it will go up in no time. The higher the risk is, higher the gain is too. My concern is that the price would still be higher than the price on August 2nd if the implementation did not go as smooth as planned and caused the price to drop.
Also, what is the official words on the implementation?
i say right now everything depends on the core developers. what they do or say can change the course of bitcoin a lot.
nobody is going to run miners code without core supporting it.
- if they get behind SegWit2x then you shouldn't have any worry at all. price will rise to the moon. make sure to buy as soon as you heard the news.
- if they go against it then chain will probably experience a split and i am sure that in case of a split price will take a big hit.
- if they come to a middle ground and fix things so everyone is half happy, then again that can prevent a chain split and price will rise fast and big.
nobody is going to run miners code without core supporting it.
Hi Bitcoin Guy, someone started a thread asking the same question yesterday, you'll find it here: https://bitcointalksearch.org/topic/m.19736252
As for words on official implementation, you'll find the most current answer...every day...by searching "Bitcoin SegWit" on this Forum or on Google. What I mean is there's only been signaling of intent, no word of official "it's going to happen."...yet.
Personally, the concern about buy now or later isn't related to the price. It's related to whether the fallout from SegWit ultimately creates a hard fork that results in two versions of Bitcoin coin, one of which miners will adopt and will continue to have value and the other miners won't adopt and it will fall into obscurity. You don't want to be on the wrong side of that result.
If you have your bitcoin in an online wallet you can't guarantee that you won't be on the wrong side of it.
As for words on official implementation, you'll find the most current answer...every day...by searching "Bitcoin SegWit" on this Forum or on Google. What I mean is there's only been signaling of intent, no word of official "it's going to happen."...yet.
Personally, the concern about buy now or later isn't related to the price. It's related to whether the fallout from SegWit ultimately creates a hard fork that results in two versions of Bitcoin coin, one of which miners will adopt and will continue to have value and the other miners won't adopt and it will fall into obscurity. You don't want to be on the wrong side of that result.
If you have your bitcoin in an online wallet you can't guarantee that you won't be on the wrong side of it.
The ball is in your court bruv! I would say you should go ahead and just invest, life is all about risk and moreover the likelihood of a hard fork is dieing down and no one knows what happens after the upgrade but what I know is even if not now, the value of bitcoin will still go up and the best way to be safe is just invest now. Bitcoin's volatility makes it unpredictable to know what may happen. My opinion though, but like I said, stay with what your heart tells you.
On August 1st, they will implement the Segwit and there are some uncertainties involved. If I were wanting to invest, should I do it before or after the date?
My concern is that the price would still be higher than the price on August 2nd if the implementation did not go as smooth as planned and caused the price to drop.
Also, what is the official words on the implementation?
My concern is that the price would still be higher than the price on August 2nd if the implementation did not go as smooth as planned and caused the price to drop.
Also, what is the official words on the implementation?
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