Author

Topic: What is on August 1, 2017? (Read 3064 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.
copper member
Activity: 1330
Merit: 899
🖤😏
June 24, 2017, 06:31:20 AM
#44
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.
legendary
Activity: 3500
Merit: 3237
Happy New year 🤗
June 23, 2017, 04:16:34 PM
#43
Just a warning - the market will move at least two weeks BEFORE the August 1st fork. The whales don't leave things to the last minute, so try to take action before they do.
i was thinking the same thing the big whales wont ever do some things that can have a bad effect on them. so in terms of getting higher on bitcoin price it could go down right ? am i thinking it right ? that the price of bitcoin depending on the market and the big whales ? i mean if they all pull out their money bitcoin price will go down but if they put more money the price of bitcoin would increase ?
They can't manipulate the price this time we will see a large pump of the price this coming august since 80% of the miners are agree about segwit2x They know what will be the the result because they are the miners and there are agree between developers and miners..
Many people are afraid this coming 1st of august and i think if we seen large dump of the price its doesn't mean that those are whales and i think its a part of panic selling where people are just ready to sell once they seen a signal..
full member
Activity: 448
Merit: 109
June 23, 2017, 04:01:05 PM
#42
I've heard that some pools are trying to activate SegWit2x 1week before UASF this might be ugly to see if people start to dump it like at the beginning of July and then miners activate it through soft fork. Nobody knows and thats why it is interesting part, however I think that holding for a long term should be okay. Lots of happening but I still think that bitcoin will come out better than before, there is just to much at stake for it to all crumble down, but it could even tomorrow it could be worthless who knows.
hero member
Activity: 910
Merit: 550
June 23, 2017, 10:17:15 AM
#41
Just a warning - the market will move at least two weeks BEFORE the August 1st fork. The whales don't leave things to the last minute, so try to take action before they do.
i was thinking the same thing the big whales wont ever do some things that can have a bad effect on them. so in terms of getting higher on bitcoin price it could go down right ? am i thinking it right ? that the price of bitcoin depending on the market and the big whales ? i mean if they all pull out their money bitcoin price will go down but if they put more money the price of bitcoin would increase ?
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
June 23, 2017, 04:20:47 AM
#40
Can we expect lower fees after activation of segwit or that is just my wish? Price like a price will go up, with every new update we see that price is going up, as I understand with segwit we will have faster confirmations, better network, but at the moment I care about fees, and I try to find something over the net but I just encountered on more same questions how long before these fees come down? and similar.
legendary
Activity: 3052
Merit: 1281
Get $2100 deposit bonuses & 60 FS
June 23, 2017, 04:14:38 AM
#39
segwit will be activated at that point, i suspect the value will increase, there is a very tiny chance that it will tank, and i see no reason really why this should happen....

The price on August 1 will definitely be different.

probably higher, it's not different than when everyone was predicting that after the halving the price would be higher, and in fact we had a better value

some prediction are really easy to spot, this is one of those, the value now already climbed back to the previou point, investors aren't stupid

The halving is definitely the best history for bitcoin, because the price of bitcoin increase so high because of that. I think August 1 will be "the next the halving" here, segwit is give a big benefit into bitcoin and i'm sure it will affect the price of bitcoin.
ok.. this could be the scene if all will work fine.
i mean if the fork works fine and all the software who will work on the new chain... will work properly.-...
but all of us know who there a re possibility to get problems in any change
FINGER CROSS

August 1 is more than the "next halving"  simply because it will solve the long problem of Bitcoin, its scaling issue.  I just hope that it will be successful because if it is successful, the bitcoin bull will be in steroid and the price will definitely soar high.  I am looking at $5000  bitcoin a piece right before the end of the year and that is because of the August 1 event.  Australia plust Segwit will definitely push bitcoin beyond the moon.
hero member
Activity: 910
Merit: 511
June 23, 2017, 03:50:39 AM
#38
segwit will be activated at that point, i suspect the value will increase, there is a very tiny chance that it will tank, and i see no reason really why this should happen....

The price on August 1 will definitely be different.

probably higher, it's not different than when everyone was predicting that after the halving the price would be higher, and in fact we had a better value

some prediction are really easy to spot, this is one of those, the value now already climbed back to the previou point, investors aren't stupid

The halving is definitely the best history for bitcoin, because the price of bitcoin increase so high because of that. I think August 1 will be "the next the halving" here, segwit is give a big benefit into bitcoin and i'm sure it will affect the price of bitcoin.
ok.. this could be the scene if all will work fine.
i mean if the fork works fine and all the software who will work on the new chain... will work properly.-...
but all of us know who there a re possibility to get problems in any change
FINGER CROSS
sr. member
Activity: 490
Merit: 250
🤖UBEX.COM 🤖
June 22, 2017, 11:53:35 PM
#37
segwit will be activated at that point, i suspect the value will increase, there is a very tiny chance that it will tank, and i see no reason really why this should happen....

The price on August 1 will definitely be different.

probably higher, it's not different than when everyone was predicting that after the halving the price would be higher, and in fact we had a better value

some prediction are really easy to spot, this is one of those, the value now already climbed back to the previou point, investors aren't stupid

The halving is definitely the best history for bitcoin, because the price of bitcoin increase so high because of that. I think August 1 will be "the next the halving" here, segwit is give a big benefit into bitcoin and i'm sure it will affect the price of bitcoin.
member
Activity: 98
Merit: 10
June 22, 2017, 11:27:24 PM
#36
Will it affect the price?

Bitcoin will be on sale like -20% or more  Cool Cool

If chain splits it will be a disaster and many people will want to get out. But for the long run you and all of us shouldn't be worried, why? Because if everything sorts good at end ,which will I am an optimist, price will reach new ATHs because it will get an upgrade which will enable ,us the users to send transaction less cheaper and confirmation times will be just amazing , there probably won't be a need for waiting a day for a confirmation in case of low fee.

I gotta say my friend, i couldnt agree more, your reply is right on point. And this is as real as it gets coz when bitcoins finally stablizes, it would really attract more people into it knowing that it is much more easier to use and more secure and not only that, but with low fees!! This will then i believe make the prices rocket to the moon. And that would be pur time again haha xD
sr. member
Activity: 465
Merit: 250
June 22, 2017, 04:19:17 PM
#35
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.

At this point everybody wants a solution. The faster the better. And I agree you should not risk instability by a hard fork, but on the same hand I think it's mandatory that a permanent solution for the fees is made. Be it Segwit with LN or a higher blocksize, whatever happens, let's hope the next time they don't wait 2 years for a solution.
member
Activity: 98
Merit: 10
June 22, 2017, 10:24:01 AM
#34
Of course it will affect the price lol, simply because any gossips, hear says, new, or whatever you wanna call it, always affects the minds of people depending on the news if it's a good one or a bad one, specially if it is either both. You see, lots of people that own bitcoins really love their money. And who doesn't? I mean if you love you money so much, and don't know that much about bitcoins, or if you already know a lot but are weak hearted, then probably you'd be doing what most of the bitcoiners would do; sell here and there your possessions out of panic. And that alone can affect the price. That's just my opinion tho,
sr. member
Activity: 518
Merit: 250
June 22, 2017, 09:01:35 AM
#33
iam hear in August 1st, 2017 , bitcoin implementation hardfork or segwit
if succes bitcoin price can incraese very high, because transaction can faster and can reduce fee sending

This a good news on bitcoin, but there is always a fear from speculations of other sectors of negative thinkers. If that hardfork or segwit implementation will bring good future of bitcoin, then let it happen so that bitcoin price will substancially be increasing at higher rate. When we have faster transaction and fee is reduced it attracts more investors invest with bitcoin, and strong hold will be developed.

Well i hope after august 01 it will good fortune in btc, but actually it sudden me when I read the article.
That the majority of miners should go for SegWit and if not that happen, the block chain will split into two.
And if this will happen, there's a threat in our funds like it could somehow lose. So we better have a back up.

If that applying hardfork or segwit will bring the good future of the bitcoin, then let it happen so prices will rise substancially bitcoin on a higher level. When we have transactions faster and costs are reduced is attracting more investors to invest with bitcoin, and strong suspension will be developed. so it is likely to happen in August 2017 bitcoin will give a surprise users
sr. member
Activity: 381
Merit: 251
June 22, 2017, 08:33:26 AM
#32
Sooooooo...
August fork is cancelled right?
I no longer have to worry about my coins?
Because all the money I have on the exchange... Well I planned to withdraw it couple of days before the fork. Just so I can prevent a bug from the exchanges you know. Just in case like we say.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
June 22, 2017, 08:00:15 AM
#31
If we can answer questions like these we would have been really rich way back then.  Smiley
hero member
Activity: 2520
Merit: 783
June 21, 2017, 09:08:37 PM
#30
Oh if this true this is good news. All the worries will be gone. Its time for the upgrade of chain. Thanks for this. Oh just one thing, is this in what article? Whats the link, I wanna read it.
Instead of using the term cancelled, as the person you quoted did, I find it better to say that a UASF is more or less prevented with the upcoming 'agreement' for Segwit2x. Currently we're at 80% support already (which is a good thing), and now it's purely waiting for the code to be released to set the next important step. I am seriously excited with how things are going now. Smiley

https://news.bitcoin.com/70-percent-bitcoin-hashrate-signaling-segwit2x/
https://www.cryptocoinsnews.com/segwit2x-is-a-go-80-of-bitcoin-network-signals-for-upgrade/

And yes we will all be 100% happy.
Like just what I read the first, the code will be running first on June 21st.
Let's wait for the result of this. Crossed fingers.  Wink
member
Activity: 100
Merit: 12
June 21, 2017, 07:47:21 PM
#29
The 2mb hard fork its inevitable?
full member
Activity: 280
Merit: 101
June 21, 2017, 07:44:56 PM
#28
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?
hero member
Activity: 882
Merit: 544
June 21, 2017, 07:22:53 PM
#27
On August 1, 2017 there will be changes that will be implemented on bitcoin which is the current bitcoin scaling proposals but only one proposal will be chosen. At that date a consensus will be made and of course OP it will affect the price. If the applied change to bitcoin is good and pleased many users, of course it will continue to go up in price but if the applied change is bad, then for sure price will dump.
hero member
Activity: 1484
Merit: 624
Maintain Social Distance, Stay safe.
June 21, 2017, 07:03:15 PM
#26
Oh if this true this is good news. All the worries will be gone. Its time for the upgrade of chain. Thanks for this. Oh just one thing, is this in what article? Whats the link, I wanna read it.
Instead of using the term cancelled, as the person you quoted did, I find it better to say that a UASF is more or less prevented with the upcoming 'agreement' for Segwit2x. Currently we're at 80% support already (which is a good thing), and now it's purely waiting for the code to be released to set the next important step. I am seriously excited with how things are going now. Smiley

https://news.bitcoin.com/70-percent-bitcoin-hashrate-signaling-segwit2x/
https://www.cryptocoinsnews.com/segwit2x-is-a-go-80-of-bitcoin-network-signals-for-upgrade/

Thats great to see that miners DO care now, nobody would like Bitcoin to fail in price as they earn from mining. Honestly I am not the supporter for SegWit not BU but something has to be done. If the succeeded to implement it before UASF we will see the upward trend instead of downward one which is great. Let's just hold our Bitcoins and see what will happen at end I am fairly positive that they will activate SegWit through Segwit2x!
I think we still don't know what will be the effect after activate that segwit as i can seen many people are still afraid about this that is why we seen a large drop few days ago..
Well if it can fix the issue overall and also for the miners fee can be reduce we will see a large price increase this coming august so just get ready your bitcoins to sell once the price increasing fast or buy bitcoins once the price crashes..
hero member
Activity: 700
Merit: 500
Massive price drop coming...
June 21, 2017, 06:59:29 PM
#25
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.
SegWit is a way to go. With 80% support, we are quite near to its implementation. At present saying anything about the price of bitcoin after 1st August will be mere a guess. But I believe that price will rather increase. I am quite curious to know what gonna happen in August.
I heard that news yesterday and looks like miners are agree right now more than 80%
So hoping that we can see a good improvement this coming august 1 but many people are still afraid and buying other altcoin just to be safe their money in to other altcoin or make a profit..
full member
Activity: 448
Merit: 109
June 21, 2017, 05:49:48 PM
#24
Oh if this true this is good news. All the worries will be gone. Its time for the upgrade of chain. Thanks for this. Oh just one thing, is this in what article? Whats the link, I wanna read it.
Instead of using the term cancelled, as the person you quoted did, I find it better to say that a UASF is more or less prevented with the upcoming 'agreement' for Segwit2x. Currently we're at 80% support already (which is a good thing), and now it's purely waiting for the code to be released to set the next important step. I am seriously excited with how things are going now. Smiley

https://news.bitcoin.com/70-percent-bitcoin-hashrate-signaling-segwit2x/
https://www.cryptocoinsnews.com/segwit2x-is-a-go-80-of-bitcoin-network-signals-for-upgrade/

Thats great to see that miners DO care now, nobody would like Bitcoin to fail in price as they earn from mining. Honestly I am not the supporter for SegWit not BU but something has to be done. If the succeeded to implement it before UASF we will see the upward trend instead of downward one which is great. Let's just hold our Bitcoins and see what will happen at end I am fairly positive that they will activate SegWit through Segwit2x!
sr. member
Activity: 644
Merit: 250
June 21, 2017, 11:09:31 AM
#23
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.
SegWit is a way to go. With 80% support, we are quite near to its implementation. At present saying anything about the price of bitcoin after 1st August will be mere a guess. But I believe that price will rather increase. I am quite curious to know what gonna happen in August.
legendary
Activity: 2170
Merit: 1427
June 21, 2017, 09:24:27 AM
#22
Oh if this true this is good news. All the worries will be gone. Its time for the upgrade of chain. Thanks for this. Oh just one thing, is this in what article? Whats the link, I wanna read it.
Instead of using the term cancelled, as the person you quoted did, I find it better to say that a UASF is more or less prevented with the upcoming 'agreement' for Segwit2x. Currently we're at 80% support already (which is a good thing), and now it's purely waiting for the code to be released to set the next important step. I am seriously excited with how things are going now. Smiley

https://news.bitcoin.com/70-percent-bitcoin-hashrate-signaling-segwit2x/
https://www.cryptocoinsnews.com/segwit2x-is-a-go-80-of-bitcoin-network-signals-for-upgrade/
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
June 21, 2017, 08:56:10 AM
#21
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.

Oh if this true this is good news. All the worries will be gone. Its time for the upgrade of chain. Thanks for this. Oh just one thing, is this in what article? Whats the link, I wanna read it.
legendary
Activity: 1862
Merit: 1004
June 21, 2017, 03:36:52 AM
#20
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.
legendary
Activity: 1442
Merit: 1016
June 21, 2017, 03:28:27 AM
#19
The price on August 1 will definitely be different.

I say the price will be up! Cheesy
We finally will get SegWit! One of the most important upgrades to the Bitcoin protocol. With SegWit comes Schnorr Sigs, MAST and Lightning implementations! This is awesome!
In terms of the planned hardfork 3 months later by Jihad I don't give a damn! I will definitely not run their client!
legendary
Activity: 3248
Merit: 1072
June 21, 2017, 03:01:55 AM
#18
segwit will be activated at that point, i suspect the value will increase, there is a very tiny chance that it will tank, and i see no reason really why this should happen....

The price on August 1 will definitely be different.

probably higher, it's not different than when everyone was predicting that after the halving the price would be higher, and in fact we had a better value

some prediction are really easy to spot, this is one of those, the value now already climbed back to the previou point, investors aren't stupid
hero member
Activity: 910
Merit: 511
June 21, 2017, 02:15:57 AM
#17
The price on August 1 will definitely be different.

for sure!!! But this is a valid rule for every day and for every stocks.
and for sure this is a valid rule for bitcoin.
But no one can forecast if after fork, bitcoin value will rise or fall
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
June 21, 2017, 02:15:23 AM
#16
Just a warning - the market will move at least two weeks BEFORE the August 1st fork. The whales don't leave things to the last minute, so try to take action before they do.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
June 21, 2017, 12:46:30 AM
#15
The price on August 1 will definitely be different.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
June 21, 2017, 12:29:04 AM
#14
iam hear in August 1st, 2017 , bitcoin implementation hardfork or segwit
if succes bitcoin price can incraese very high, because transaction can faster and can reduce fee sending

This a good news on bitcoin, but there is always a fear from speculations of other sectors of negative thinkers. If that hardfork or segwit implementation will bring good future of bitcoin, then let it happen so that bitcoin price will substancially be increasing at higher rate. When we have faster transaction and fee is reduced it attracts more investors invest with bitcoin, and strong hold will be developed.

Well i hope after august 01 it will good fortune in btc, but actually it sudden me when I read the article.
That the majority of miners should go for SegWit and if not that happen, the block chain will split into two.
And if this will happen, there's a threat in our funds like it could somehow lose. So we better have a back up.

Actually price of bitcoins are rising for now and provably this is due to speculation on what will happen on the said date and hopefully we can see better news after segwit will be implemented for now to bitcoins. And I truly hope that theirs no dissapointment events will be happens so that we will not lose our bankrolls for believing on this event.
hero member
Activity: 2520
Merit: 783
June 20, 2017, 11:40:42 PM
#13
iam hear in August 1st, 2017 , bitcoin implementation hardfork or segwit
if succes bitcoin price can incraese very high, because transaction can faster and can reduce fee sending

This a good news on bitcoin, but there is always a fear from speculations of other sectors of negative thinkers. If that hardfork or segwit implementation will bring good future of bitcoin, then let it happen so that bitcoin price will substancially be increasing at higher rate. When we have faster transaction and fee is reduced it attracts more investors invest with bitcoin, and strong hold will be developed.

Well i hope after august 01 it will good fortune in btc, but actually it sudden me when I read the article.
That the majority of miners should go for SegWit and if not that happen, the block chain will split into two.
And if this will happen, there's a threat in our funds like it could somehow lose. So we better have a back up.
sr. member
Activity: 574
Merit: 250
June 20, 2017, 10:27:15 PM
#12
iam hear in August 1st, 2017 , bitcoin implementation hardfork or segwit
if succes bitcoin price can incraese very high, because transaction can faster and can reduce fee sending

This a good news on bitcoin, but there is always a fear from speculations of other sectors of negative thinkers. If that hardfork or segwit implementation will bring good future of bitcoin, then let it happen so that bitcoin price will substancially be increasing at higher rate. When we have faster transaction and fee is reduced it attracts more investors invest with bitcoin, and strong hold will be developed.
full member
Activity: 448
Merit: 109
June 20, 2017, 05:56:55 PM
#11
Will it affect the price?

Bitcoin will be on sale like -20% or more  Cool Cool

If chain splits it will be a disaster and many people will want to get out. But for the long run you and all of us shouldn't be worried, why? Because if everything sorts good at end ,which will I am an optimist, price will reach new ATHs because it will get an upgrade which will enable ,us the users to send transaction less cheaper and confirmation times will be just amazing , there probably won't be a need for waiting a day for a confirmation in case of low fee.
hero member
Activity: 644
Merit: 500
June 20, 2017, 05:47:23 PM
#10
iam hear in August 1st, 2017 , bitcoin implementation hardfork or segwit
if succes bitcoin price can incraese very high, because transaction can faster and can reduce fee sending
sr. member
Activity: 1344
Merit: 288
June 20, 2017, 04:26:30 PM
#9
Apparently nothing will happen on August 1st, 2017 if SegWitX2 happened. It is getting more than 78.5% (at the moment) of blocks mined today, which means it is really going to be implemented. This is Bitmain's backup plan after hard forking the blockchain, but it's a consensus that both sides would agree on.
legendary
Activity: 1414
Merit: 1001
June 20, 2017, 04:16:28 PM
#8
A lot of news that can be predicted. I'm not sure what happened on the 1st of August. The price may go up and could go down. Everything is not predictable easily, because everything can happen quickly. Some say there will be bad news and some say that August 1, 2017 australia will begin to adopt bitcoin.
member
Activity: 105
Merit: 10
June 20, 2017, 03:52:26 PM
#7
It will create volalitity for sure but its hard to say if the price will end higher or lower but I'm betting it will be higher.
hero member
Activity: 812
Merit: 510
June 20, 2017, 03:50:59 PM
#6
Will it affect the price?
On august 1st there are rumours australia is also going to adopt bitcoin like how japan had done earlier and there are so many rumours around but this one seems a solid one. On price if this is going to happen we can see a long term affect like we saw after few weeks Japan's adoption
hero member
Activity: 882
Merit: 506
June 20, 2017, 10:26:38 AM
#5
I don't think this will ever push though. This soft fork they are talking about requires a lot of support before it happens and I don't think it has enough to push through. This is a threat to the status quo and this will not fly that easily unless it is so compelling to join such a movement.
hero member
Activity: 1722
Merit: 528
June 20, 2017, 10:16:16 AM
#4
Will it affect the price?

Every fork or network splitting news that will happen to bitcoin is always a bad news for the users and investors, whenever this news is posted, others will be waiting, most of them are panicking. The obvious solution of some is to sell their bitcoin, the reason why the price will be affected, but now, some are educated from the last fork that never happened. So I think it will affect the price, but only a littlt bit.
hero member
Activity: 910
Merit: 511
June 20, 2017, 08:23:31 AM
#3
Will it affect the price?

this is sure!!!
but no one known if the price will raise or will dump..
for sure it is important to store bitcoin in wallet where you can manage private key
jr. member
Activity: 54
Merit: 10
Stake.com India
June 20, 2017, 03:56:18 AM
#2
Will it affect the price?

It depends on what the outcome would be. Go read: http://uasf.co
full member
Activity: 161
Merit: 100
June 20, 2017, 02:50:11 AM
#1
Will it affect the price?
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