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Topic: Will you sell your BitcoinCash on August 1st if there is a HF? (Read 2644 times)

sr. member
Activity: 434
Merit: 250
i have seen lots of article videos about harbdfor segwit 2.0 implementation some bitcoin i already converted to alt coins like ether , Waves  planning buy some more after once things settle down i will decide to come back .
sr. member
Activity: 882
Merit: 268
I will most definitely not sell by bitcoin, no matter what happens on August 1 and however the segwit goes. If it happens or not, bitcoin still be a valuable, usable and a future dominating currency. So I'll be holding on quite tightly to my coins.

I mostly support you because there is no point of panic selling because what every the people hear Bitcoin will stay here for long. Bitcoin has the stability to dominate all other currency and the price of Bitcoin will increase after August.

I have sold most of my bitcoin for the possibility of facing the worst situation with assumption that I keep monitoring and see the latest possibility after August 1st, I will continue to look for gap and momentum to buy because bitcoin will surely skyrocket, panic or not panic is relative due to growth bitcoin trend is currently degenerating.
newbie
Activity: 56
Merit: 0
I'll be glad to see a version of Bitcoin Unlimited with BitcoinCash support.  There's still a lot to check and I certainly wouldn't expose large amounts of bitcoin to this implementation until many incident-free months have passed,

While I keep the bulk of my funds in Armory, my Armory is in turn dependent upon Bitcoin Unlimited. Last version I installed was before the DoS attacks / bug reveals. Back in December. It's been working just fine. I've not lost a single satoshi.

That's good to hear.  Thank you jbreher.

Do you have an independent strategy for SegWit or will you adopt Bitcoin Unlimited's strategy by default?

Strategy development is ongoing - there are changes in the space daily.

My default approach is just to hodl. This would be with the overwhelming majority of my BTC. After the fork, I'll have both BTC and an equivalent amount of BCC in my possession.

I currently have a small percentage of my BTC on an exchange that does not as of yet recognize BCC, and have made a 'no plans to do so' announcement. Still trying to figure out what to do about that. I'm looking for a US-Friendly, reliable exchange that will honor BCC. If I can find one, I'll move all my trading BTC to that exchange before Aug 1. Otherwise, I may pull them on the 31st, or I might just trade through the period of mayhem. With my trading strategy, volatility is my friend. And I expect lots of volatility between now and mid-Aug.

Lastly, I am looking for US-accessible BCC futures. If Americans were allowed on ViaBTC, I'd be buying some. If not, there will be plenty of opportunity to trade after the split. I'm still working things out, but I am likely to trade a significant fraction of my BTC for BCC. I expect a favorable price ratio right off the bat. And approximate-price-parity -- perhaps even a flippening -- before a year goes by.

Thank you for the details.

If you do decide to move coins on the 31st I hope you don't get caught up in a rush pressuring the hot wallets of exchanges or blocked by temporary deposit/withdrawal freezes.

Good luck!
full member
Activity: 182
Merit: 111
hero member
Activity: 672
Merit: 500
No, I will not sell my bitcoins in this date, even if the price drop down for some time, because i believe the price will increase again highly in the future, so i prefer holding the coins for long period.
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
I'll be glad to see a version of Bitcoin Unlimited with BitcoinCash support.  There's still a lot to check and I certainly wouldn't expose large amounts of bitcoin to this implementation until many incident-free months have passed,

While I keep the bulk of my funds in Armory, my Armory is in turn dependent upon Bitcoin Unlimited. Last version I installed was before the DoS attacks / bug reveals. Back in December. It's been working just fine. I've not lost a single satoshi.

That's good to hear.  Thank you jbreher.

Do you have an independent strategy for SegWit or will you adopt Bitcoin Unlimited's strategy by default?

Strategy development is ongoing - there are changes in the space daily.

My default approach is just to hodl. This would be with the overwhelming majority of my BTC. After the fork, I'll have both BTC and an equivalent amount of BCC in my possession.

I currently have a small percentage of my BTC on an exchange that does not as of yet recognize BCC, and have made a 'no plans to do so' announcement. Still trying to figure out what to do about that. I'm looking for a US-Friendly, reliable exchange that will honor BCC. If I can find one, I'll move all my trading BTC to that exchange before Aug 1. Otherwise, I may pull them on the 31st, or I might just trade through the period of mayhem. With my trading strategy, volatility is my friend. And I expect lots of volatility between now and mid-Aug.

Lastly, I am looking for US-accessible BCC futures. If Americans were allowed on ViaBTC, I'd be buying some. If not, there will be plenty of opportunity to trade after the split. I'm still working things out, but I am likely to trade a significant fraction of my BTC for BCC. I expect a favorable price ratio right off the bat. And approximate-price-parity -- perhaps even a flippening -- before a year goes by.
hero member
Activity: 1288
Merit: 508
Leading Crypto Sports Betting & Casino Platform
I will most definitely not sell by bitcoin, no matter what happens on August 1 and however the segwit goes. If it happens or not, bitcoin still be a valuable, usable and a future dominating currency. So I'll be holding on quite tightly to my coins.

I mostly support you because there is no point of panic selling because what every the people hear Bitcoin will stay here for long. Bitcoin has the stability to dominate all other currency and the price of Bitcoin will increase after August.
newbie
Activity: 37
Merit: 0
I'm worried if I start moving around ANY fork of BTC right after, I'll mess up somehow and lose the bitcoin chain I want to keep.

I'll sit on what I have at least a few weeks, and let bolder people pursue that.
newbie
Activity: 56
Merit: 0
I'll be glad to see a version of Bitcoin Unlimited with BitcoinCash support.  There's still a lot to check and I certainly wouldn't expose large amounts of bitcoin to this implementation until many incident-free months have passed,

While I keep the bulk of my funds in Armory, my Armory is in turn dependent upon Bitcoin Unlimited. Last version I installed was before the DoS attacks / bug reveals. Back in December. It's been working just fine. I've not lost a single satoshi.

That's good to hear.  Thank you jbreher.

Do you have an independent strategy for SegWit or will you adopt Bitcoin Unlimited's strategy by default?
sr. member
Activity: 378
Merit: 260
Bitcoin SV is Bitcoin
Yeah, I wanna sell my Bitcoin before 1st August. Because one of my Guru (Manik) told me that before 1st August Bitcoin transaction will disappear. That's why I want to sell some Bitcoin and I also want to invest it on another project.

Maybe there's a non-native-english problem here. But if I interpret your words correctly, your 'guru' is full of shit.
hahahah  Grin
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
I'll be glad to see a version of Bitcoin Unlimited with BitcoinCash support.  There's still a lot to check and I certainly wouldn't expose large amounts of bitcoin to this implementation until many incident-free months have passed,

While I keep the bulk of my funds in Armory, my Armory is in turn dependent upon Bitcoin Unlimited. Last version I installed was before the DoS attacks / bug reveals. Back in December. It's been working just fine. I've not lost a single satoshi.
newbie
Activity: 56
Merit: 0
I intend to carefully split some coins and trade them as appropriate.  I'm happy to sell bitcoincash if I think it's overvalued but I'm also keen to buy bitcoincash if I think they're trading too cheaply.

I intend to maintain an active position on both sides.

I'll be glad to see a version of Bitcoin Unlimited with BitcoinCash support.  There's still a lot to check and I certainly wouldn't expose large amounts of bitcoin to this implementation until many incident-free months have passed, but I'd be far more nervous with BitcoinABC.

Long live Bitcoin in both its forms!
newbie
Activity: 6
Merit: 0
No, I plan on holding until the death of cryptos. Which is not in my lifetime.
Regardless of a fork or no fork, BTC's price will go up long term. If you're looking to swing trade, then I highly suggest you watch the prices and sell at a 30% high, wait for a drop to buy back in, rinse and repeat.
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
Yeah, I wanna sell my Bitcoin before 1st August. Because one of my Guru (Manik) told me that before 1st August Bitcoin transaction will disappear. That's why I want to sell some Bitcoin and I also want to invest it on another project.

Maybe there's a non-native-english problem here. But if I interpret your words correctly, your 'guru' is full of shit.
legendary
Activity: 3766
Merit: 1217
I have already sold my stash for other coins. I will buy back later at a decreased price so I am good. I do not want to hold the BTC bag around August 1.

After you posted this message, the Bitcoin exchange rates went up by some 30%. So all the best with buying back your coins at a "reduced" rate. My advice would be to purchase them immediately, without wasting any more time.

Now coming back to the OP, I am planning to sell 75% of my Bitcoin Cash coins on August 2. I will keep the rest with me, and may later take a decision to sell them as well.
sr. member
Activity: 546
Merit: 261
Depend on the price,if it shit in the release,i will just hold it and wait for opportunity to arise
If it's spectacular price,why would i hold,i will sell them right off the bat
member
Activity: 107
Merit: 10
I've got amazing powers of observation
Again, with the private keys you can have both coins, too early to tell if I will hold for long or not, but I like the bitcoin cash idea very much!
sr. member
Activity: 602
Merit: 251
I am a professional Web Designer and Developer
Yeah, I wanna sell my Bitcoin before 1st August. Because one of my Guru (Manik) told me that before 1st August Bitcoin transaction will disappear. That's why I want to sell some Bitcoin and I also want to invest it on another project.
member
Activity: 107
Merit: 10
I've got amazing powers of observation
I will hold my BCC and my BTC. I think this is really a great idea from a community based project.
hero member
Activity: 2408
Merit: 584
It seems that 50% of all the people replying here have no idea what we are actually talking about.
yes it is also true that some people are not really aware of the result or the newbie’s are not having any knowledge about bitcoin they need to know that at august first people will let know about the new price of the bitcoin and I think a lot of problem that bitcoin has will be solved after august first so I think keeping your bitcoin save till that day will be a good decision.
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