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Topic: What is on August 1, 2017? (Read 3048 times)

legendary
Activity: 938
Merit: 1000
June 27, 2017, 10:41:53 PM
#64
Will it affect the price?

The first of August, 2017 will be the target day in activating the segwit that is intended to come some issues faced by Bitcoin currently. The non-technical Bitcoin users does not really understand the segwit, thus, making then con, pro, or neutral towards its activation. No body is certain if the price will go up or down when the activation come. In my opinion, it is much probable that the price will go up after the activation. Because I believe that the proposal of segwit is for the betterment of Bitcoin.

Though I am still skeptical that segwit will ever be implemented because as of now the consensus of it still is far from the target number, however we might see a sudden boost in support when the time comes. What is so uncertain is how the market will react to the implementation if ever it does get pushed. I just hope it still does go up and not go down because of fears, though if it does go down I would buy a lot myself.

Unless intentions change, there is absolutely enough support. See here: https://coin.dance/blocks

Only 80% is needed with Bip 91 to lock in signaling for Bip 141 Segwit. (see Segwit 2x intention). There will no doubt be drama in discussing the further proposed 2MB fork that would be in November but Segwit is looking pretty damn assured at this point. The debate over the fork should be seen as a strength in how changes are made, but surely will be seen as FUD by most people. Just one more obituary to add to https://99bitcoins.com/obituary-stats/
hero member
Activity: 882
Merit: 506
June 27, 2017, 12:24:04 PM
#63
Will it affect the price?

The first of August, 2017 will be the target day in activating the segwit that is intended to come some issues faced by Bitcoin currently. The non-technical Bitcoin users does not really understand the segwit, thus, making then con, pro, or neutral towards its activation. No body is certain if the price will go up or down when the activation come. In my opinion, it is much probable that the price will go up after the activation. Because I believe that the proposal of segwit is for the betterment of Bitcoin.

Though I am still skeptical that segwit will ever be implemented because as of now the consensus of it still is far from the target number, however we might see a sudden boost in support when the time comes. What is so uncertain is how the market will react to the implementation if ever it does get pushed. I just hope it still does go up and not go down because of fears, though if it does go down I would buy a lot myself.
sr. member
Activity: 364
Merit: 250
June 27, 2017, 11:46:25 AM
#62
Will it affect the price?

The first of August, 2017 will be the target day in activating the segwit that is intended to come some issues faced by Bitcoin currently. The non-technical Bitcoin users does not really understand the segwit, thus, making then con, pro, or neutral towards its activation. No body is certain if the price will go up or down when the activation come. In my opinion, it is much probable that the price will go up after the activation. Because I believe that the proposal of segwit is for the betterment of Bitcoin.
hero member
Activity: 910
Merit: 511
June 27, 2017, 09:31:34 AM
#61
It seems to me already that all this excitement around August 1 is another fiction. As soon as the price of bitcoin reaches 3000 dollars, discussions begin immediately about the split. I am sure that after August 1, nothing bad will happen. And before August 1, panic sales will begin

i''m waiting for panic selling!!!
i hope to be able to enter low...
btc will overtake this phate in a few days-...
sr. member
Activity: 241
Merit: 250
Tokens That Store Virtual Energy
June 27, 2017, 05:27:03 AM
#60
It seems to me already that all this excitement around August 1 is another fiction. As soon as the price of bitcoin reaches 3000 dollars, discussions begin immediately about the split. I am sure that after August 1, nothing bad will happen. And before August 1, panic sales will begin
sr. member
Activity: 994
Merit: 252
June 27, 2017, 04:52:20 AM
#59
We will see panic selling before August. That's why traders are looking for cheaper price for better liquidity.As investor i hold my bitcoins no matter what happens.  Everything will be ok at the end Wink
Yes right nowadays bitcoin price is low and many people panic to see its price and sell their bitcoin but that is not a good way to sell bitcoin because its price will be start to going increasing after a week or a month and that time you need to hold bitcoin for future . And you take best decision that hold your bitcoin and wait for the high price of bitcoin .
full member
Activity: 224
Merit: 100
June 27, 2017, 04:00:22 AM
#58
Even if the initial reaction will be the decrease of the price, it won't be for long because people will start to buy (partially because of the low price right after the SegWit and low fees) and then because of this rush bitcoin will go high.
hero member
Activity: 952
Merit: 500
June 27, 2017, 03:18:54 AM
#57
Will it affect the price?
It has been said that Segwit 2x would be activated on August 1st and transaction fee would become lower after that.If it happens,then it would definitely promote more bitcoin transactions and people would use bitcoins more which would create a positive effect on bitcoin price.It would help for bitcoin progress.
legendary
Activity: 1064
Merit: 1001
June 25, 2017, 11:54:54 PM
#56
We will see panic selling before August. That's why traders are looking for cheaper price for better liquidity.As investor i hold my bitcoins no matter what happens.  Everything will be ok at the end Wink
hero member
Activity: 700
Merit: 500
Massive price drop coming...
June 25, 2017, 06:40:29 PM
#55
We dony know what will happen in august 1 if the price of bitcoin dump or pum . But I hope the price of bitcoin on that month will increase more. But dont worry if bitcoin dump on month of august 1 because segwit for sure many people buy again bitcoin because if they see bitcoin price dump they interested to buy again because they want more profit after the dumping they will recover again for sure in the next few days .
The fact we do not know what will be happen after that even and if we seen a large dump of the price it is a beginning of lose of bitcoin or bitcoin will be die soon.. but according to other miners 80% are agree it means segwit can give us a good result that can all people getting benefits..
So for now better to wait for the result..
sr. member
Activity: 616
Merit: 250
June 25, 2017, 06:34:18 PM
#54
Ohh i would say let the naysayers and the panickers do their selling. Too fragile when it comes to trusting the coin. Once everything went up, it is too late for them to get back to the game.
legendary
Activity: 1232
Merit: 1091
June 25, 2017, 06:25:04 PM
#53
And why would ou hold your coins (bitcoins) if you think it will crash and then recover? It would be best to sell before it crashes (at it's peak) and buy back when it crashes. Dont understand the logic of your advice.

If you are saying it like that, sure, it's easy to point out that it makes sense to sell high and buy back lower. However, the most important thing is that it isn't guaranteed that the price will go down. Thinking and saying it will go down is completely different from what might happen in reality. I also think the best is to keep holding, but if you just want to play the market, then it won't hurt to cash out like 10 to at most 20% in order to prepare yourself for a potential crash. Just make sure you never cash out all at once....
sr. member
Activity: 1624
Merit: 267
June 25, 2017, 04:13:01 PM
#52
We dony know what will happen in august 1 if the price of bitcoin dump or pum . But I hope the price of bitcoin on that month will increase more. But dont worry if bitcoin dump on month of august 1 because segwit for sure many people buy again bitcoin because if they see bitcoin price dump they interested to buy again because they want more profit after the dumping they will recover again for sure in the next few days .
hero member
Activity: 1078
Merit: 514
June 25, 2017, 04:09:44 PM
#51
Will it affect the price?

Yes without a doubt it will affect the price regardless of the outcome.
What will happen afterward is where the real question lies.
I don't think some big change in the price will happen.
I hope 1st August will bring some real changes. Everyone are already aware of the 1st of August and waiting to see this changings, if we see lower fees, faster transactions, that is going to be good for everybody and bitcoin will make some progress and the price will raise even higher. But before to make conclutions we need to see how Segwit will work in the reality. That is going to be clear in a month or two after the start, but I can't call the exactly moment.
full member
Activity: 163
Merit: 100
June 25, 2017, 03:54:21 PM
#50
Will it affect the price?

Yes without a doubt it will affect the price regardless of the outcome.
What will happen afterward is where the real question lies.

In the end everything will get back to normal, no one is dumb enough to let Bitcoin suffer a fatal blow that would hurt them

Particularly right since im sure that people who get more benifits on bitcoins will surely doesn't want that bitcoins would go down on the level that businessman would think that its not worth to stake anymore with this coin and im sure that all whales will surely do their very best to lift this up since they want to earn or gain for the uprising on it. And all of our speculation will be answer when august occur so lets wait for that moment happen to see what would be the result after that date done.
Clearly every person has his views on Bitcoin. 1 has not had time to buy yet and the other already wants to sell more expensive. Only the one who wants to buy, wants to buy them cheaper. So it is very difficult to reach mutually beneficial terms. The fact is that it is the market that will regulate these relations, and not the users themselves.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
June 25, 2017, 07:31:28 AM
#49
Will it affect the price?

Yes without a doubt it will affect the price regardless of the outcome.
What will happen afterward is where the real question lies.

In the end everything will get back to normal, no one is dumb enough to let Bitcoin suffer a fatal blow that would hurt them

Particularly right since im sure that people who get more benifits on bitcoins will surely doesn't want that bitcoins would go down on the level that businessman would think that its not worth to stake anymore with this coin and im sure that all whales will surely do their very best to lift this up since they want to earn or gain for the uprising on it. And all of our speculation will be answer when august occur so lets wait for that moment happen to see what would be the result after that date done.
full member
Activity: 280
Merit: 101
June 25, 2017, 07:12:04 AM
#48
I predict Wu is preparing for the final battle between the savior and black ferry, lol Bitcoin has to fork one way or ten other ways otherwise alts will replace it and every body will toss it away and never look at it. even Bitfinex now has the second Bitcoin chain tokens and you could even trade it, they must have some insider information otherwise why would people put their money on an imaginary coin right?
Whatever you do just hold on to your coins for another 2 years and never sell because after a split price will crash down, however it will take 2 years for it to recover, I bet both coins will rise above all others just don't panic.

While everyone is saying the split will not happen since, what, 80% has adopted or approved the new chainm you are saying it will still split and crash. And why would ou hold your coins (bitcoins) if you think it will crash and then recover? It would be best to sell before it crashes (at it's peak) and buy back when it crashes. Dont understand the logic of your advice.
legendary
Activity: 1232
Merit: 1005
June 25, 2017, 01:59:40 AM
#47
Will it affect the price?

Yes without a doubt it will affect the price regardless of the outcome.
What will happen afterward is where the real question lies.

In the end everything will get back to normal, no one is dumb enough to let Bitcoin suffer a fatal blow that would hurt them
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
June 25, 2017, 01:50:07 AM
#46
Will it affect the price?

Yes without a doubt it will affect the price regardless of the outcome.
What will happen afterward is where the real question lies.
hero member
Activity: 700
Merit: 500
June 25, 2017, 12:11:04 AM
#45
Just so you guys know USAF is cancelled. Miners finally realised that this would be risky to let USAF happen.
This is why all major mining pool started to signalise SegWitx2 yesterday, currently, we have more than 80% hash support for this proposal.
Everything should be fine in hopefully August 1 we would have upgraded chain with SegWit running on it - and withing next 6 months hard fork 2MB will be activated.

USAE was the big counter option of the august 1 conflict, right? Is there somewhere where we can read the cancellation/cancell report/statement? This should be quite a big breakthrough then, isn't it?
USAE was the big counter option of the august 1 conflict, right ? Is there somewhere where we can read the cancellation/cancell report/statement? This should be quite a big breakthrough then, isn't it?

Yes you are absolutely right. It is released such a panic and made us do well now. I hope now everything will be fine. The USAE was a great tension for almost all the stake holders related to the Bitcoin. I hope we will see a positive impact of the segwit and the price will rise once again.
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