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Topic: Your plans for 1st august? - page 21. (Read 13321 times)

hero member
Activity: 798
Merit: 501
July 09, 2017, 07:13:10 PM
#28
Nothing much. I'll sit back and let things play out. I don't have any coins anywhere that doesn't give me control of the private keys. In the case of a chain split I wouldn't have a clue which side to get rid of. I'd be very tempted to get rid of both. If Bitcoin splits in a manner where both survive then I don't think I'd have much more interest in it.
i also do not have any special planning, because i am not going to sell my bitcoin and simple to hold it for a long long time and therefore i do not have any worry about the slight decrease or increase about the price of bitcoin. in fact i have invested my money for long term therefore i  am not felling worry about 1st August because i am sure that in long term bitcoin will be me a good  profit.
hero member
Activity: 798
Merit: 501
July 09, 2017, 06:36:22 PM
#27
My plans are simple, just take out my bitcoins from the exchanges and keep them in a wallet whose keys I control. And watch the grand show with some coke and popcorn.
that is a good planning i think, we do not need to create pressure by selling bitcoin in such a crucial time. we need to give good support to bitcoin and through this way bitcoin price will remain as stable and hope will even continue to increase, we can see that the investors are are still too much confident about bitcoin an therefore they are not going to sell their bitcoin in current position and hoping that bitcoin price will get the accelerator  very soon.
sr. member
Activity: 378
Merit: 250
July 09, 2017, 06:20:29 PM
#26
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.

My plan is to hold what I have and wait to see what happens. I have already diversified with several altcoins and bitcoin. I don't have a huge amount of money invested and I am willing to hold for the long term so I think overall I will make some profit.
I do not have any special planning, I am simply going to hold my bitcoin which is my long term strategy and will like to continue it . i do not think that there will be any special effect of the 1st August on bitoin. i  am sure that bitcoin price will continue increase and we are not expecting such a big  dump to the rice of bitcoin which can effect the investors too much.
hero member
Activity: 994
Merit: 1000
PUGG.io
July 09, 2017, 05:32:27 PM
#25
My plans are simple, just take out my bitcoins from the exchanges and keep them in a wallet whose keys I control. And watch the grand show with some coke and popcorn.
newbie
Activity: 6
Merit: 0
July 09, 2017, 05:27:29 PM
#24
I'm going for a beer and wait for a great surprise in the next months
full member
Activity: 361
Merit: 100
July 09, 2017, 04:28:54 PM
#23
So by the way things are coming,i am seeing more threads regarding this topic, i am not sure what is going to happen and what will happen if there is a split in the block chain,will the price of bitcoin goes down and if i will be having both the coins and if so what will be the stand of exchanges and how things will move ,there is uncertainty on that part ,since i am not holding large amount of coins i am not having any issues but i am happy to hold my coins .
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
July 09, 2017, 04:24:47 PM
#22
Nothing much. I'll sit back and let things play out. I don't have any coins anywhere that doesn't give me control of the private keys. In the case of a chain split I wouldn't have a clue which side to get rid of. I'd be very tempted to get rid of both. If Bitcoin splits in a manner where both survive then I don't think I'd have much more interest in it.

Are you sure that any is going to survive?

And it seems in that very case (of a chain split) nothing will depend on you, so it kinda looks that you will soon lose interest as well. Further, if Jihancoin survives, will you continue using it? Personally, I don't care (if you do or don't), but many people will surely deplore your ways as pure profiteering and not thinking about the so-called Bitcoin community (though it remains to be seen how they themselves would act in such or similar circumstances). Or, as the saying goes, when money talks, bullshit walks?
jr. member
Activity: 56
Merit: 1
July 09, 2017, 04:16:13 PM
#21
Can't understand one thing, why do I have to plan anything for 1 August? Is there something special happening? Not a serious bitcoiner but like trading with small amount and always enjoy it, for me mostly every day is the same in trading, don't plan anything.
hero member
Activity: 812
Merit: 510
July 09, 2017, 04:09:41 PM
#20
No plans for now nor in future. I have backed up most of my coins in a usb and the coins which are scattered around on different wallets and exchanges will only be used to grow more bitcoins and transfer little by little to my offline wallet. Selling that to now is surely a no
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
July 09, 2017, 04:05:40 PM
#19
Nothing much. I'll sit back and let things play out. I don't have any coins anywhere that doesn't give me control of the private keys. In the case of a chain split I wouldn't have a clue which side to get rid of. I'd be very tempted to get rid of both. If Bitcoin splits in a manner where both survive then I don't think I'd have much more interest in it.
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
July 09, 2017, 03:35:25 PM
#18
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.

US dollar for crypto is like gold for the rest of the world

So if you don't want to risk your wealth, that should be an obvious choice ("better safe than sorry"). As to me, doing nothing is probably as bad as doing anything in a rush, since, as the saying goes, if you don't get shot down, you will end up run over. But even staying with dollars has its own implications. Say, if you withdraw the dollars (or whatever fiat you sell your Bitcoin stash for) to your bank account, then you are safe from anything that might go wrong with crypto as such, but if you keep them in your exchange account (e.g. for lending purposes), then the fate of your wealth is still in the hands of the exchange (that's what bugging me most right now). As an alternative, you can buy litecoins and withdraw them to your personal wallet, then wait out the storm not leaving crypto completely (and hope for the best)
sr. member
Activity: 602
Merit: 251
I am a professional Web Designer and Developer
July 09, 2017, 02:54:55 PM
#17
I also confused. I don't know what to do. But, If bitcoin dump, I will buy some bitcoin and other coins. And I want to hold them for the log period.
legendary
Activity: 2912
Merit: 1068
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July 09, 2017, 02:54:07 PM
#16
I don't think that something so dramatic will happen after the August 1st and there is definetely no room for panic. I don't have the plans to sell and I.don't think the big dump will happen. Besides at the nom there are not enough precise info, more rumors and that is the most dangerous situation for spreading panic.
sr. member
Activity: 854
Merit: 251
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July 09, 2017, 02:44:19 PM
#15
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.
I think I would cash out some of my coins for my expenses before August 1,
And hold my remaining coin and see how it goes what would happen after that.
hero member
Activity: 826
Merit: 529
July 09, 2017, 02:39:18 PM
#14
i don't know why some people have spread out some negative impression about bitcoin, i certainly affirm that at the 1st August will nothing to the bitcoin. that news or rumors are from totally wrong perception, so keep quiet and smiling and connected with bitcoin as you are today...
i suggest you that do not get panicked and confused. be cool.
legendary
Activity: 1020
Merit: 1000
July 09, 2017, 02:07:56 PM
#13
I'm going to do nothing. I have some hope for SW's success. I think it will be very hard to get everyone to trust each other enough.
sr. member
Activity: 1274
Merit: 263
July 09, 2017, 01:51:42 PM
#12
Well my plan is so simple,
1.Hold it because there's no way bitcoin will die these days,even if the prices going down 1000% just like 2014ish back then.
2.Buy some altcoin with high percentage success in the future ( not top cryptos but newly born altcoin with huge supporters ).

It's simple because,miners are smart people they wont mine it if it will die soon.look at the difficulty right now ? It explain everything (of course in my opinion) even if the prices goes down,i am still having my second method and obviously altcoin will pump ver hard.

It so simple right ?
  Wink
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
July 09, 2017, 01:44:27 PM
#11
As of now I have no plans, maybe I will treat it like an ordinary bitcoin day and lets go with the flow. I think the more bitcoin users panic the more that it will affect the price. Nobody is sure whether the hard fork, chainsplit or whatevver is good or bad for the bitcoin ecosystem.
hero member
Activity: 798
Merit: 503
July 09, 2017, 11:21:41 AM
#10
Switch all my coins to a desktop wallet (used to be from online wallet)
Buy more Bitcoins
Save aside some cash to buy Bitcoins if everything goes well or if price drops down like crazy
Holding it
Not panic and sleep through it

I am mainly holding it, I will just see how it goes, and decide my next move. I don't want to mass sell/buy Bitcoins and risk having the price not go my way, so I will remain neutral and monitor from afar for now. Smiley
legendary
Activity: 2170
Merit: 1427
July 09, 2017, 11:09:48 AM
#9
I will not change that much. I have always kept the far majority of my coins firmly offline. I have a seperate stash that I purely use for trading purposes, so I don't have to touch my main cold wallet stash. I will just keep trading as I have always done, as I believe the volatility at that time will be insane, and extremely profitable if played well. My only concern is how the exchange(s) I am using will behave in such circumstances. That's why I am constantly monitoring all platforms for the latest bit of information.
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