Topic: The real crash starts after Aug 1st - page 6. (Read 14611 times)
Bcc won't be worth more than $10 after aug 1. It will be a mad dash to s lol off asap. Only a lucky few viabtc devs will get the high price. Alts are already close to the lowest they will get.
This is what is happening right now because of BTC/BCC FUD:
1. The rich already have enough supply of BTC. The rich also have initiated the dump of altcoins and is pumping BTC to make the herd think that the herd will "profit" from the BTC/BCC split. Herd thinks - Hey, who doesn't want to have another clone coin that may rise in value? Logical isn't it?
2. The herd follows by dumping their positions in altcoins to join the BTC/BCC split bandwagon. The rich are picking up the dumped altcoins as we speak. The herd already took a loss in the alt coin conversion to BTC.
3. Come August 1, the price of legacy BTC will split with the price of BCC. This is what happens if there is a stock split, whatever the value of the stock is, it goes down relative to the split or stock dividend. Probably BTC=1900-2300, BCC = 400-800.
4. Both BTC and BCC will be dumped by the rich again and will again pump the altcoins. The herd panics and sells both their BTC and BCC, again at a loss, then goes into altcoins. The rich will pick it up again BTC & BCC or support only one to confuse the market.
5. Once the altcoins have gone up, rich dumps again, the herd panics and sells again. Off to another cycle. Herd will lose 50-80% of their holdings from step 1. Rich gain 200% or more.
1. The rich already have enough supply of BTC. The rich also have initiated the dump of altcoins and is pumping BTC to make the herd think that the herd will "profit" from the BTC/BCC split. Herd thinks - Hey, who doesn't want to have another clone coin that may rise in value? Logical isn't it?
2. The herd follows by dumping their positions in altcoins to join the BTC/BCC split bandwagon. The rich are picking up the dumped altcoins as we speak. The herd already took a loss in the alt coin conversion to BTC.
3. Come August 1, the price of legacy BTC will split with the price of BCC. This is what happens if there is a stock split, whatever the value of the stock is, it goes down relative to the split or stock dividend. Probably BTC=1900-2300, BCC = 400-800.
4. Both BTC and BCC will be dumped by the rich again and will again pump the altcoins. The herd panics and sells both their BTC and BCC, again at a loss, then goes into altcoins. The rich will pick it up again BTC & BCC or support only one to confuse the market.
5. Once the altcoins have gone up, rich dumps again, the herd panics and sells again. Off to another cycle. Herd will lose 50-80% of their holdings from step 1. Rich gain 200% or more.
Nearly a 100% match on my thoughts.
Preparing to buy altcoins right after the August 1st
Actually, you should be buying Altcoins and dumping BTC NOW! Altcoins are 20-40% off ON SALE at the moment!!!
nah. It should be the opposite. Dump your altcoins and buy bitcoin. Hold bitcoin to receive free bitcoin cash. After receiving free tokens then that's the time you should buy those very cheap altcoins again. Now that is a win-win situation.
This works only if you dumped early. If you are dumping alt's now after they have already dropped and buying btc after it has risen then you are late to the party. You will lose. Hodl through all of this and you will be fine. Timing the market is tricky.
There is a fire sale going on right now for the alts.
Remember the saying...? Buy when everyone is selling and sell when everyone is buying. That is the way to make $$
This is what is happening right now because of BTC/BCC FUD:
1. The rich already have enough supply of BTC. The rich also have initiated the dump of altcoins and is pumping BTC to make the herd think that the herd will "profit" from the BTC/BCC split. Herd thinks - Hey, who doesn't want to have another clone coin that may rise in value? Logical isn't it?
2. The herd follows by dumping their positions in altcoins to join the BTC/BCC split bandwagon. The rich are picking up the dumped altcoins as we speak. The herd already took a loss in the alt coin conversion to BTC.
3. Come August 1, the price of legacy BTC will split with the price of BCC. This is what happens if there is a stock split, whatever the value of the stock is, it goes down relative to the split or stock dividend. Probably BTC=1900-2300, BCC = 400-800.
4. Both BTC and BCC will be dumped by the rich again and will again pump the altcoins. The herd panics and sells both their BTC and BCC, again at a loss, then goes into altcoins. The rich will pick it up again BTC & BCC or support only one to confuse the market.
5. Once the altcoins have gone up, rich dumps again, the herd panics and sells again. Off to another cycle. Herd will lose 50-80% of their holdings from step 1. Rich gain 200% or more.
1. The rich already have enough supply of BTC. The rich also have initiated the dump of altcoins and is pumping BTC to make the herd think that the herd will "profit" from the BTC/BCC split. Herd thinks - Hey, who doesn't want to have another clone coin that may rise in value? Logical isn't it?
2. The herd follows by dumping their positions in altcoins to join the BTC/BCC split bandwagon. The rich are picking up the dumped altcoins as we speak. The herd already took a loss in the alt coin conversion to BTC.
3. Come August 1, the price of legacy BTC will split with the price of BCC. This is what happens if there is a stock split, whatever the value of the stock is, it goes down relative to the split or stock dividend. Probably BTC=1900-2300, BCC = 400-800.
4. Both BTC and BCC will be dumped by the rich again and will again pump the altcoins. The herd panics and sells both their BTC and BCC, again at a loss, then goes into altcoins. The rich will pick it up again BTC & BCC or support only one to confuse the market.
5. Once the altcoins have gone up, rich dumps again, the herd panics and sells again. Off to another cycle. Herd will lose 50-80% of their holdings from step 1. Rich gain 200% or more.
Nearly a 100% match on my thoughts.
Preparing to buy altcoins right after the August 1st
Actually, you should be buying Altcoins and dumping BTC NOW! Altcoins are 20-40% off ON SALE at the moment!!!
nah. It should be the opposite. Dump your altcoins and buy bitcoin. Hold bitcoin to receive free bitcoin cash. After receiving free tokens then that's the time you should buy those very cheap altcoins again. Now that is a win-win situation.
You're thinking matches EXACTLY step 1!
This is what is happening right now because of BTC/BCC FUD:
1. The rich already have enough supply of BTC. The rich also have initiated the dump of altcoins and is pumping BTC to make the herd think that the herd will "profit" from the BTC/BCC split. Herd thinks - Hey, who doesn't want to have another clone coin that may rise in value? Logical isn't it?
2. The herd follows by dumping their positions in altcoins to join the BTC/BCC split bandwagon. The rich are picking up the dumped altcoins as we speak. The herd already took a loss in the alt coin conversion to BTC.
3. Come August 1, the price of legacy BTC will split with the price of BCC. This is what happens if there is a stock split, whatever the value of the stock is, it goes down relative to the split or stock dividend. Probably BTC=1900-2300, BCC = 400-800.
4. Both BTC and BCC will be dumped by the rich again and will again pump the altcoins. The herd panics and sells both their BTC and BCC, again at a loss, then goes into altcoins. The rich will pick it up again BTC & BCC or support only one to confuse the market.
5. Once the altcoins have gone up, rich dumps again, the herd panics and sells again. Off to another cycle. Herd will lose 50-80% of their holdings from step 1. Rich gain 200% or more.
1. The rich already have enough supply of BTC. The rich also have initiated the dump of altcoins and is pumping BTC to make the herd think that the herd will "profit" from the BTC/BCC split. Herd thinks - Hey, who doesn't want to have another clone coin that may rise in value? Logical isn't it?
2. The herd follows by dumping their positions in altcoins to join the BTC/BCC split bandwagon. The rich are picking up the dumped altcoins as we speak. The herd already took a loss in the alt coin conversion to BTC.
3. Come August 1, the price of legacy BTC will split with the price of BCC. This is what happens if there is a stock split, whatever the value of the stock is, it goes down relative to the split or stock dividend. Probably BTC=1900-2300, BCC = 400-800.
4. Both BTC and BCC will be dumped by the rich again and will again pump the altcoins. The herd panics and sells both their BTC and BCC, again at a loss, then goes into altcoins. The rich will pick it up again BTC & BCC or support only one to confuse the market.
5. Once the altcoins have gone up, rich dumps again, the herd panics and sells again. Off to another cycle. Herd will lose 50-80% of their holdings from step 1. Rich gain 200% or more.
Nearly a 100% match on my thoughts.
Preparing to buy altcoins right after the August 1st
Actually, you should be buying Altcoins and dumping BTC NOW! Altcoins are 20-40% off ON SALE at the moment!!!
nah. It should be the opposite. Dump your altcoins and buy bitcoin. Hold bitcoin to receive free bitcoin cash. After receiving free tokens then that's the time you should buy those very cheap altcoins again. Now that is a win-win situation.
All these peeps, holding for the "recovery" after Aug 1st.....
Don't you know the big boys are going to crush those hopes right after Aug 1st no matter what the outcome is?
That's a lot of free coins for them to grab, they aren't going to let the little guy make any money.... that's their money as far as they're concerned.
And yes, it's free coins for them.... because they manipulate the price.... so all the coins they grab from you will be sold after they bring the price back up (even if only for a little while). That's free profit for them.
So if you're holding, that's great... more power to you. I'm holding too, but I do know what's coming and it's impossible to catch the bottom.... I just don't care and I'll be laughing all the way down.
Remember your wits, don't get emotional, and for heavens sake..... when everyone is jumping out of windows (and they will)..... LAUGH.
-DE
"Why does Goldman Sachs call retail investors "Muppets"? Because they are....."
Don't you know the big boys are going to crush those hopes right after Aug 1st no matter what the outcome is?
That's a lot of free coins for them to grab, they aren't going to let the little guy make any money.... that's their money as far as they're concerned.
And yes, it's free coins for them.... because they manipulate the price.... so all the coins they grab from you will be sold after they bring the price back up (even if only for a little while). That's free profit for them.
So if you're holding, that's great... more power to you. I'm holding too, but I do know what's coming and it's impossible to catch the bottom.... I just don't care and I'll be laughing all the way down.
Remember your wits, don't get emotional, and for heavens sake..... when everyone is jumping out of windows (and they will)..... LAUGH.
-DE
"Why does Goldman Sachs call retail investors "Muppets"? Because they are....."
I can get a little on where you're going. Well, I understand your point. It's a good idea to hold too, because a lot of people would definitely sell their coins and most of the crypto's will surely drop. So, when they drop most people will surely start buying again. So, I'm sure the price will recover soon enough or it may even go higher.
It seems likely. First drop and then sky rocket. imo..
All these peeps, holding for the "recovery" after Aug 1st.....
Don't you know the big boys are going to crush those hopes right after Aug 1st no matter what the outcome is?
That's a lot of free coins for them to grab, they aren't going to let the little guy make any money.... that's their money as far as they're concerned.
And yes, it's free coins for them.... because they manipulate the price.... so all the coins they grab from you will be sold after they bring the price back up (even if only for a little while). That's free profit for them.
So if you're holding, that's great... more power to you. I'm holding too, but I do know what's coming and it's impossible to catch the bottom.... I just don't care and I'll be laughing all the way down.
Remember your wits, don't get emotional, and for heavens sake..... when everyone is jumping out of windows (and they will)..... LAUGH.
-DE
"Why does Goldman Sachs call retail investors "Muppets"? Because they are....."
Don't you know the big boys are going to crush those hopes right after Aug 1st no matter what the outcome is?
That's a lot of free coins for them to grab, they aren't going to let the little guy make any money.... that's their money as far as they're concerned.
And yes, it's free coins for them.... because they manipulate the price.... so all the coins they grab from you will be sold after they bring the price back up (even if only for a little while). That's free profit for them.
So if you're holding, that's great... more power to you. I'm holding too, but I do know what's coming and it's impossible to catch the bottom.... I just don't care and I'll be laughing all the way down.
Remember your wits, don't get emotional, and for heavens sake..... when everyone is jumping out of windows (and they will)..... LAUGH.
-DE
"Why does Goldman Sachs call retail investors "Muppets"? Because they are....."
I can get a little on where you're going. Well, I understand your point. It's a good idea to hold too, because a lot of people would definitely sell their coins and most of the crypto's will surely drop. So, when they drop most people will surely start buying again. So, I'm sure the price will recover soon enough or it may even go higher.
This is what is happening right now because of BTC/BCC FUD:
1. The rich already have enough supply of BTC. The rich also have initiated the dump of altcoins and is pumping BTC to make the herd think that the herd will "profit" from the BTC/BCC split. Herd thinks - Hey, who doesn't want to have another clone coin that may rise in value? Logical isn't it?
2. The herd follows by dumping their positions in altcoins to join the BTC/BCC split bandwagon. The rich are picking up the dumped altcoins as we speak. The herd already took a loss in the alt coin conversion to BTC.
3. Come August 1, the price of legacy BTC will split with the price of BCC. This is what happens if there is a stock split, whatever the value of the stock is, it goes down relative to the split or stock dividend. Probably BTC=1900-2300, BCC = 400-800.
4. Both BTC and BCC will be dumped by the rich again and will again pump the altcoins. The herd panics and sells both their BTC and BCC, again at a loss, then goes into altcoins. The rich will pick it up again BTC & BCC or support only one to confuse the market.
5. Once the altcoins have gone up, rich dumps again, the herd panics and sells again. Off to another cycle. Herd will lose 50-80% of their holdings from step 1. Rich gain 200% or more.
1. The rich already have enough supply of BTC. The rich also have initiated the dump of altcoins and is pumping BTC to make the herd think that the herd will "profit" from the BTC/BCC split. Herd thinks - Hey, who doesn't want to have another clone coin that may rise in value? Logical isn't it?
2. The herd follows by dumping their positions in altcoins to join the BTC/BCC split bandwagon. The rich are picking up the dumped altcoins as we speak. The herd already took a loss in the alt coin conversion to BTC.
3. Come August 1, the price of legacy BTC will split with the price of BCC. This is what happens if there is a stock split, whatever the value of the stock is, it goes down relative to the split or stock dividend. Probably BTC=1900-2300, BCC = 400-800.
4. Both BTC and BCC will be dumped by the rich again and will again pump the altcoins. The herd panics and sells both their BTC and BCC, again at a loss, then goes into altcoins. The rich will pick it up again BTC & BCC or support only one to confuse the market.
5. Once the altcoins have gone up, rich dumps again, the herd panics and sells again. Off to another cycle. Herd will lose 50-80% of their holdings from step 1. Rich gain 200% or more.
Nearly a 100% match on my thoughts.
Preparing to buy altcoins right after the August 1st
Actually, you should be buying Altcoins and dumping BTC NOW! Altcoins are 20-40% off ON SALE at the moment!!!
There has been a really violent selloff in alt coins, see below for a report from my Bittrex account with name ticker and 26 hour price change. All of them are down -20% for a broad selection of small and mid cap coins. But I don't think its the right time to sell the alts. Sooner or later the manic depressive crypto market will get bullish again and these coins will rally again. We might have to wait 6 months though so patience will be essential.
Verium VRM -29.0%
SafeExchangeCoin SEC -28.0%
Shift SHIFT -22.2%
Pivx PIVX -21.8%
Bytecent BYC -21.7%
ViaCoin VIA -21.3%
Digibyte DGB -21.1%
SysCoin SYS -20.2%
Voxels VOX -20.2%
LBRY Credits LBC -19.6%
Verium VRM -29.0%
SafeExchangeCoin SEC -28.0%
Shift SHIFT -22.2%
Pivx PIVX -21.8%
Bytecent BYC -21.7%
ViaCoin VIA -21.3%
Digibyte DGB -21.1%
SysCoin SYS -20.2%
Voxels VOX -20.2%
LBRY Credits LBC -19.6%
The crowd is always wrong. If the general consensus is "after the 1st, it's going to go up".... and this IS the general consensus.... it means it is NOT going to happen. You're playing against the masters. Do they mind throwing away 20 million to drop it under $2000 when 90% of the Muppets think it'll go up? Not at all. If they can grab say a million coins and save a few hundred dollars a coin..... when they inflate it later.... they make hundreds of millions. That's the game.
I've seen it thousands of times, on hundreds of stocks I've followed closely. Fundamentals don't matter. Technicals only matter part of the time.
I've seen it thousands of times, on hundreds of stocks I've followed closely. Fundamentals don't matter. Technicals only matter part of the time.
You have strong points. There's always have been market manipulation and that is the reason why I dont keep studying graphs, highs and lows and all that stuff. Since the pumps are always sudden, you can't predict it.
I have wallets of Bitcoin, Litecoin, Dash and Ethereum. All stored in my computer. I'm pulling my money out of the exchanges for the 1st August, retrieving all that I can from said coins.
My only question is, how much low bitcoin might fall after SegWit is implemented? Would it fall to a hundred dollars? Or would it fall to $1700 like Goldmann Sachs "predicted"? I want to know what is the best time to buy more.
This is what is happening right now because of BTC/BCC FUD:
1. The rich already have enough supply of BTC. The rich also have initiated the dump of altcoins and is pumping BTC to make the herd think that the herd will "profit" from the BTC/BCC split. Herd thinks - Hey, who doesn't want to have another clone coin that may rise in value? Logical isn't it?
2. The herd follows by dumping their positions in altcoins to join the BTC/BCC split bandwagon. The rich are picking up the dumped altcoins as we speak. The herd already took a loss in the alt coin conversion to BTC.
3. Come August 1, the price of legacy BTC will split with the price of BCC. This is what happens if there is a stock split, whatever the value of the stock is, it goes down relative to the split or stock dividend. Probably BTC=1900-2300, BCC = 400-800.
4. Both BTC and BCC will be dumped by the rich again and will again pump the altcoins. The herd panics and sells both their BTC and BCC, again at a loss, then goes into altcoins. The rich will pick it up again BTC & BCC or support only one to confuse the market.
5. Once the altcoins have gone up, rich dumps again, the herd panics and sells again. Off to another cycle. Herd will lose 50-80% of their holdings from step 1. Rich gain 200% or more.
1. The rich already have enough supply of BTC. The rich also have initiated the dump of altcoins and is pumping BTC to make the herd think that the herd will "profit" from the BTC/BCC split. Herd thinks - Hey, who doesn't want to have another clone coin that may rise in value? Logical isn't it?
2. The herd follows by dumping their positions in altcoins to join the BTC/BCC split bandwagon. The rich are picking up the dumped altcoins as we speak. The herd already took a loss in the alt coin conversion to BTC.
3. Come August 1, the price of legacy BTC will split with the price of BCC. This is what happens if there is a stock split, whatever the value of the stock is, it goes down relative to the split or stock dividend. Probably BTC=1900-2300, BCC = 400-800.
4. Both BTC and BCC will be dumped by the rich again and will again pump the altcoins. The herd panics and sells both their BTC and BCC, again at a loss, then goes into altcoins. The rich will pick it up again BTC & BCC or support only one to confuse the market.
5. Once the altcoins have gone up, rich dumps again, the herd panics and sells again. Off to another cycle. Herd will lose 50-80% of their holdings from step 1. Rich gain 200% or more.
Nearly a 100% match on my thoughts.
Preparing to buy altcoins right after the August 1st
This is what is happening right now because of BTC/BCC FUD:
1. The rich already have enough supply of BTC. The rich also have initiated the dump of altcoins and is pumping BTC to make the herd think that the herd will "profit" from the BTC/BCC split. Herd thinks - Hey, who doesn't want to have another clone coin that may rise in value? Logical isn't it?
2. The herd follows by dumping their positions in altcoins to join the BTC/BCC split bandwagon. The rich are picking up the dumped altcoins as we speak. The herd already took a loss in the alt coin conversion to BTC.
3. Come August 1, the price of legacy BTC will split with the price of BCC. This is what happens if there is a stock split, whatever the value of the stock is, it goes down relative to the split or stock dividend. Probably BTC=1900-2300, BCC = 400-800.
4. Both BTC and BCC will be dumped by the rich again and will again pump the altcoins. The herd panics and sells both their BTC and BCC, again at a loss, then goes into altcoins. The rich will pick it up again BTC & BCC or support only one to confuse the market.
5. Once the altcoins have gone up, rich dumps again, the herd panics and sells again. Off to another cycle. Herd will lose 50-80% of their holdings from step 1. Rich gain 200% or more.
1. The rich already have enough supply of BTC. The rich also have initiated the dump of altcoins and is pumping BTC to make the herd think that the herd will "profit" from the BTC/BCC split. Herd thinks - Hey, who doesn't want to have another clone coin that may rise in value? Logical isn't it?
2. The herd follows by dumping their positions in altcoins to join the BTC/BCC split bandwagon. The rich are picking up the dumped altcoins as we speak. The herd already took a loss in the alt coin conversion to BTC.
3. Come August 1, the price of legacy BTC will split with the price of BCC. This is what happens if there is a stock split, whatever the value of the stock is, it goes down relative to the split or stock dividend. Probably BTC=1900-2300, BCC = 400-800.
4. Both BTC and BCC will be dumped by the rich again and will again pump the altcoins. The herd panics and sells both their BTC and BCC, again at a loss, then goes into altcoins. The rich will pick it up again BTC & BCC or support only one to confuse the market.
5. Once the altcoins have gone up, rich dumps again, the herd panics and sells again. Off to another cycle. Herd will lose 50-80% of their holdings from step 1. Rich gain 200% or more.
I don't agree that the Bitcoin price is fixed, or controlled by anyone or any group. It is much too decentralized for that.
Please provide counterarguments if you disagree
Please provide counterarguments if you disagree
The top 0.1% of all BTC addresses control over 69% of available BTC. Decentralized? Lolololol!
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
The other 99.9% of us are just playing with scraps. #OccupyBTC
What I foresee is a bull-trap .. just before a major dump and price fall ... Market seems to be gathering some strength but not very long ..
Investors will definitely don't want to be a place where they are not sure how BCC or BTC will perform after split. It is all speculations where people want you to HOLD your bitcoins and dump BCC, but you never know and market can go totally opposite and balance BTC/BCC values.
Investors will definitely don't want to be a place where they are not sure how BCC or BTC will perform after split. It is all speculations where people want you to HOLD your bitcoins and dump BCC, but you never know and market can go totally opposite and balance BTC/BCC values.
HODL! is the word of the day everyday!
Never sell through a panic market! Always hold and stay strong, re-invest more and buy LOW when it drops!
Managed to bank a hefty 3k$ in the last 2 weeks, quite happy.
This thread has some insight on markets, tradings but all of this is mainly on your gutt feeling.
Remember its 50/50%... It can go either way, but I just expect it to rise especially now that we know that BTC will not be splitting investors are really
interested in pumping the markets.
I strongly agree with you. That’s the smartest strategy of playing safe and sound in the crypto market. Nothing is wise than buying coins especially bitcoins at low prices and selling them off at high rate. You just need to trust your coins and keep them in wallets when the prices are in the red area of graph. I believe that after Segwit, prices will utterly increase. Never sell through a panic market! Always hold and stay strong, re-invest more and buy LOW when it drops!
Managed to bank a hefty 3k$ in the last 2 weeks, quite happy.
This thread has some insight on markets, tradings but all of this is mainly on your gutt feeling.
Remember its 50/50%... It can go either way, but I just expect it to rise especially now that we know that BTC will not be splitting investors are really
interested in pumping the markets.
August 1st will be a non event. I think all this FUD and spam is going to hurt Bitcoin in the long run. Be careful for what you wish for.
Bitmain did a lot of money with their manipulation.
1st august will be nothing, real next move will be in November. In the meantime bitcoin will rise again.
Yes I totally see your point and I appreciate your detailed reply, it really cleared things up. However, in your theory only the weak hands will get hurt and they deserve to as always. There will indeed be manipulation through this time, people who buy and sell right away because of fear of it going down. People who hold through all this and buy at cheap prices will still end up on top when the market is inflated again.
I guess the lesson here is to think like the big boys (whales) to avoid getting screwed.
There is quite a lot if speculation and hypothesis about what may happen on incoming August 1st or the Segwit. But if you will just continue on just speculating things and over viewing scenarios nothing will happen it could be better if you will just take time on updating yourself for the information about what could possibly happen or what will happen on August 1st. The best way to do is to be ready and expect some thing so you could prepare for the possibilities. I guess the lesson here is to think like the big boys (whales) to avoid getting screwed.
Like abc can crash shit... The only thing is going to crash in August 1st is bitmain's altcoin and I don't care a bit about that because I will be dumping my ABC's too.
Following on from BIP91... Segwit support is still at 100% and lock-in is looking good for end of next period. I don't see how BIP148 has any relevance any more.
Also I don't think BCC will be important. It's not so much a chain split as the birth of another altcoin.
Also I don't think BCC will be important. It's not so much a chain split as the birth of another altcoin.
As per news pinned to Tab:
Update
Due to BIP91, an economically-significant split seems quite a bit less likely. However, a large split is still possible if miners renege on BIP91, which wouldn't be very difficult for them to do.
Also, it seems that the Bitcoin Cash (BCC) fork will happen regardless on Aug 1, but everything I've seen leads me to believe that BCC will have very low value. Research and decide for yourself.
As a side-effect of BIP91, the risk of long reorganizations will be somewhat increased for the next month or so. This could cause confirmations on transactions to disappear more easily than otherwise, which could allow for double-spending. If you want to be about as safe as possible, you should wait for 30 confirmations before trusting incoming transactions.
Update
Due to BIP91, an economically-significant split seems quite a bit less likely. However, a large split is still possible if miners renege on BIP91, which wouldn't be very difficult for them to do.
Also, it seems that the Bitcoin Cash (BCC) fork will happen regardless on Aug 1, but everything I've seen leads me to believe that BCC will have very low value. Research and decide for yourself.
As a side-effect of BIP91, the risk of long reorganizations will be somewhat increased for the next month or so. This could cause confirmations on transactions to disappear more easily than otherwise, which could allow for double-spending. If you want to be about as safe as possible, you should wait for 30 confirmations before trusting incoming transactions.
This thread might talk about both the scenarios. However, I am a firm believer of Bitcoin I might hold my btc to the lower levels, also might pour some more money if we get to see levels like 1500 or similar
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