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Topic: Your plans for 1st august? - page 11. (Read 13321 times)

sr. member
Activity: 1974
Merit: 453
July 16, 2017, 09:09:15 AM
I personally transferred all my bitcoins to alternative coins and it will be more reliable for August 1. The more it will be necessary to abstain from the transaction during this period.

That was a wrong move, considering how dependent these altcoins are on Bitcoin. If the Bitcoin exchange rates crash, so will the altcoin prices. See the trends during the last 3 days. Altcoins such as ETH and XRP has lost their value even faster than the BTC.
hero member
Activity: 588
Merit: 541
July 16, 2017, 08:46:41 AM
I'm extremely enjoying watching price going down every minute, already ,sold my coins because after seeing

Everyone is selling I talked with my family and decided to do the same, my brother promised me that I will

Have some good opportunities to buy in @$1000 so I figured why not? when most of the whales are dumping

Why would I hold as a tiny hodler I couldn't have any impact on the market my holdings are like some dust

In comparison with the rest of the community.
sr. member
Activity: 545
Merit: 250
Colletrix - Bridging the Physical and Virtual Worl
July 16, 2017, 07:29:44 AM
Probably next week bitcoin price will tank more. Better to have 1/3 of your investment as bitcoin, 1/3 as cash and the other as altcoin.

It's good to partial your savings especially if you'll be needing it until August1,better have cash since it will be loss for us if we cashout our btc until that time because as they say it will decrease more.
jr. member
Activity: 58
Merit: 10
July 16, 2017, 07:12:57 AM
Probably next week bitcoin price will tank more. Better to have 1/3 of your investment as bitcoin, 1/3 as cash and the other as altcoin.
sr. member
Activity: 406
Merit: 256
July 16, 2017, 06:22:35 AM
I personally transferred all my bitcoins to alternative coins and it will be more reliable for August 1. The more it will be necessary to abstain from the transaction during this period.
Altcoins also cheaper now. You seriously think that if the bitcoin will be divided and will lose the price of the altcoins in this situation survive? It seems to me that this method will not save your money. It is better to do nothing. I know that after August 1, all will be well and your fears are unfounded.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
July 16, 2017, 05:06:25 AM
my plan for 1st august is only waiting what is the result because my bitcoin is not too much in exchanges and i think if altcoin will down more then i will buy altcoin and try to hold. there is nothing we can do for 1st august except waiting and secure our balance by ourself and trying to not to be panic. it will be good if we can control our self while we can still doing trading with good.
legendary
Activity: 1218
Merit: 1000
July 16, 2017, 04:59:13 AM
What are your plans currently and what are you planning to do before this date? sell everything? hodl no matter what? maybe try to profit from a chain split? I'm personally still confused and I'm not sure what to do, I prefer waiting to see what is the standpoint of more exchanges and services.
Actually I want to sell my bitcoin, but because the price has gone down too far so I will not do that. Now I plan to buy some bitcoin but wait a few more days because I am sure the price will keep going down. If after the 1st of August the price goes up I will continue to hold but if the price still goes down I will buy some bitcoin again. I am also looking for a safer wallet to store my bitcoin.
sr. member
Activity: 434
Merit: 250
THE ENERGY EFFICIENCY PROTOCOL
July 16, 2017, 03:50:36 AM
I personally transferred all my bitcoins to alternative coins and it will be more reliable for August 1. The more it will be necessary to abstain from the transaction during this period.
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
July 16, 2017, 03:40:33 AM
TRUE. Remember when we started here, bitcoin is less than 500 dollars( when i started ), even me go to selling panic because of that august one thingy, but I'm thinking that i've just started from scrap, I already have a few funds and I think that more than enough money that Ive gathered here. We right now is facing a dilemma and sometimes thinking on turning to alternatives but the price of BTC is slowly going down because of so many dumps and thoughts that their BTC might be just a waste after august 1. I'm not an expert in programs and how the blockchain technology work but even theymos gave a warning about this and that's a fire sign for us to be ready on what's coming.
You understand that such conversations and suggestions raise panic among Bitcoin users. Unequivocal I think that Bitcoin will grow soon. It's just a huge hype and a build-up of the situation before August 1, and this is exactly what affects the overall situation. People are simply scared and are trying to sell all their Bitcoin, so the market is filled with offers, and the price is falling. Just think that if someone Bitcoin buys, then he is not afraid of what is happening today. It seems to me that now is the chance to buy Bitcoin at a cheap price and before the end of the year you will have a good profit

And what follows from that?

That we should keep silence and repeat the mantra that Bitcoin cannot crash? Bitcoin is a zero-sum game, and for someone to win, someone else should necessarily lose (you may like it or not but this won't change a thing). If Bitcoin is going to crash massively, spreading unfounded optimism is more evil than spreading "fear, uncertainty, doubt". Since in the latter case people will lose something (provided the price does actually rebound, which is not a given), but they will likely preserve the bulk of their wealth anyway. And now think what unbridled optimism can lead to if people start to believe in it and lose all in the end. What is more dangerous and amoral (as far as morale is applicable here)?
sr. member
Activity: 364
Merit: 250
July 16, 2017, 03:28:42 AM
Hey Guys !!

Are you thinking as they way i am thinking ?? Grin





What do you think ?

Thanks
Regards
hero member
Activity: 854
Merit: 504
July 16, 2017, 03:20:54 AM
Imo it seems more like the bubble popped and it wasn't the soft fork news coming along that triggered the collapse; if it was just the fork then we wouldn't see the entire market crashing and seeing about $40B of value disappear across the board. Money would have flowed into other cryptos like ETH or XRP most likely, but everything just went south, and very quickly went south.

May be it is the soft fork, but I'm expecting more to come. I don't think it is over yet.

The bubble didn't popped. Because there was no bubble. Even at $2,500 per coin, Bitcoin was heavily under-valued. The reason for the current crash was the dumping of coins by large-scale investors, who are afraid of the August 1 events.
I pretty confident Bitcoin market. Yes, speculations and Fear are working perfectly to bring BTC price down. But, I will be buying more Bitcoin in range of $1250-$1500. In future mainly only super rich will hold BTC.
legendary
Activity: 2044
Merit: 1008
July 16, 2017, 03:09:57 AM
Imo it seems more like the bubble popped and it wasn't the soft fork news coming along that triggered the collapse; if it was just the fork then we wouldn't see the entire market crashing and seeing about $40B of value disappear across the board. Money would have flowed into other cryptos like ETH or XRP most likely, but everything just went south, and very quickly went south.

May be it is the soft fork, but I'm expecting more to come. I don't think it is over yet.

The bubble didn't popped. Because there was no bubble. Even at $2,500 per coin, Bitcoin was heavily under-valued. The reason for the current crash was the dumping of coins by large-scale investors, who are afraid of the August 1 events.
sr. member
Activity: 812
Merit: 317
July 16, 2017, 02:12:56 AM
Sell your BTC for sure. Would recommend that to anyone reading this. The price has been going up due to volatility and not really due to much else (beyond the halving block reward).

So what is there in the next year that will see BTC go up more?nothing that I can see for now. We are lucky it is still above 2,000 right now, it probably should be 1,500.

TRUE. Remember when we started here, bitcoin is less than 500 dollars( when i started ), even me go to selling panic because of that august one thingy, but I'm thinking that i've just started from scrap, I already have a few funds and I think that more than enough money that Ive gathered here. We right now is facing a dilemma and sometimes thinking on turning to alternatives but the price of BTC is slowly going down because of so many dumps and thoughts that their BTC might be just a waste after august 1. I'm not an expert in programs and how the blockchain technology work but even theymos gave a warning about this and that's a fire sign for us to be ready on what's coming.
You understand that such conversations and suggestions raise panic among Bitcoin users. Unequivocal I think that Bitcoin will grow soon. It's just a huge hype and a build-up of the situation before August 1, and this is exactly what affects the overall situation. People are simply scared and are trying to sell all their Bitcoin, so the market is filled with offers, and the price is falling. Just think that if someone Bitcoin buys, then he is not afraid of what is happening today. It seems to me that now is the chance to buy Bitcoin at a cheap price and before the end of the year you will have a good profit.
hero member
Activity: 648
Merit: 502
July 16, 2017, 01:38:50 AM
Sell your BTC for sure. Would recommend that to anyone reading this. The price has been going up due to volatility and not really due to much else (beyond the halving block reward).

So what is there in the next year that will see BTC go up more?nothing that I can see for now. We are lucky it is still above 2,000 right now, it probably should be 1,500.

TRUE. Remember when we started here, bitcoin is less than 500 dollars( when i started ), even me go to selling panic because of that august one thingy, but I'm thinking that i've just started from scrap, I already have a few funds and I think that more than enough money that Ive gathered here. We right now is facing a dilemma and sometimes thinking on turning to alternatives but the price of BTC is slowly going down because of so many dumps and thoughts that their BTC might be just a waste after august 1. I'm not an expert in programs and how the blockchain technology work but even theymos gave a warning about this and that's a fire sign for us to be ready on what's coming.
newbie
Activity: 9
Merit: 0
July 16, 2017, 01:30:43 AM
I am going to las vegas Yayyyyyyy And play casino there and shre some here if i wonnn Smiley))
legendary
Activity: 1218
Merit: 1007
July 16, 2017, 01:29:12 AM
Some exchangers have made announcements, and none of them suggest to move users into their wallets outside their system, this is a good thing considering there is an accountability step, I overcame it by turning bitcoin into altcoin, whatever the decision, altcoin is not an actor included In chain split movie.
To be on the safer side i would suggest you to transfer your bitcoins in to your own wallet rather than trusting the exchanges when there is a network split as you really cannot trust these exchanges,so the best solution is to keep your coins in your own wallet during these days,always be on the safer side when it comes to money. Smiley
We will never know what will happen, but all of us need to be ready. Yes just to be in a safer side others may transfer their bitcoin in other wallet or if need cash they may convert it into fiat. Nonetheless, they may go into altcoins as bitcoin price for now is continously going down.
that is what makes the current situation of crypto market dumped, crashed quite deep .

people should be calm down and a little bit optimistic heading the next chapter of bitcoin journey. we are indeed have to prepare for something unexpected and maybe worst , but we should have a bigger faith on bitcoin to keep supporting it to be better after the fork later.
Imo it seems more like the bubble popped and it wasn't the soft fork news coming along that triggered the collapse; if it was just the fork then we wouldn't see the entire market crashing and seeing about $40B of value disappear across the board. Money would have flowed into other cryptos like ETH or XRP most likely, but everything just went south, and very quickly went south.

May be it is the soft fork, but I'm expecting more to come. I don't think it is over yet.
legendary
Activity: 2674
Merit: 1048
July 16, 2017, 01:14:16 AM
Some exchangers have made announcements, and none of them suggest to move users into their wallets outside their system, this is a good thing considering there is an accountability step, I overcame it by turning bitcoin into altcoin, whatever the decision, altcoin is not an actor included In chain split movie.
To be on the safer side i would suggest you to transfer your bitcoins in to your own wallet rather than trusting the exchanges when there is a network split as you really cannot trust these exchanges,so the best solution is to keep your coins in your own wallet during these days,always be on the safer side when it comes to money. Smiley
We will never know what will happen, but all of us need to be ready. Yes just to be in a safer side others may transfer their bitcoin in other wallet or if need cash they may convert it into fiat. Nonetheless, they may go into altcoins as bitcoin price for now is continously going down.
that is what makes the current situation of crypto market dumped, crashed quite deep .

people should be calm down and a little bit optimistic heading the next chapter of bitcoin journey. we are indeed have to prepare for something unexpected and maybe worst , but we should have a bigger faith on bitcoin to keep supporting it to be better after the fork later.
legendary
Activity: 2296
Merit: 2262
BTC or BUST
July 16, 2017, 12:40:20 AM
I'm going to be just holding my priv keys.. I am too busy to keep up Sad
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
July 16, 2017, 12:37:15 AM
I'm buying alts, any thing that looks like a scam coin I'm buying in bulk because as it turns out those coins are the ones pumping whenever Bitcoin price increases after a huge dump, now we're in the same huge dump and all the alts are dumping as well. I figured while people are manipulating every thing and then earn their millions profit, why wouldn't I do the same by riding a corner of this big wave? something good about alts is that we can point our miners to mine any of them any time we want unlike asic which we could only mine Bitcoin with them.

Well, good luck with that because you will either be scammed or be scammed basically, that is a very risky thing to do. instead of looking for a scam look alike, why not look for

undervalued coins? usually coins which have straight-like horizontal graph tends to rise high although some coins take years. well asics are specifically built for bitcoin however

you can also mine coinsas long as its under sha256.
copper member
Activity: 1330
Merit: 899
🖤😏
July 15, 2017, 11:48:23 PM
I'm buying alts, any thing that looks like a scam coin I'm buying in bulk because as it turns out those coins are the ones pumping whenever Bitcoin price increases after a huge dump, now we're in the same huge dump and all the alts are dumping as well. I figured while people are manipulating every thing and then earn their millions profit, why wouldn't I do the same by riding a corner of this big wave? something good about alts is that we can point our miners to mine any of them any time we want unlike asic which we could only mine Bitcoin with them.
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