Bitcoin Forum

We know what will happen with the said date but are you willing to take a risk to hold your Bitcoins or maybe some Altcoins. We are in the 'Red days' for how many weeks now and I think it is because of too many people is scared in what will be the results of Segwit on August 1.

Some of my thoughts in how most of us think.


*I will sell my Bitcoins first then buyback after august 1*

*I will sell my Altcoins because it is nowhere to going up anymore*

I was a few weeks ago, but then I realized that there are not enough incentives for miners to do something stupid.

I don't mind losing some.

There will be only 2 result, to win or to loss. In case of a win, I should have some extra to take advantage of it, who knows it's worth trying. In case of loss, at least it was not that much.

Whatever will happened, so be it. Let's wait.

investing in bitcoin has always been risky, and that has not changed. what has changed is how people know about this particular risk but never knew about the rest or chose to ignore them.

and if you are scared then you have been doing a lot of things wrong.
for starters you were supposed to invest what you can afford to lose, so that you don't lose your mind and sanity because of fluctuations.

i don't know try scrolling out and try going to older dates. dates like 2017-1-1 or a little older 2016-10 and see what price was 6 months ago to 8-9 months ago.

then try going older, look at prices in 2016 the swings the "red days" do it with 2015, and so on. and lets talk then ;)

i have manageable funds in the crypto market so i don't scare easy and i don't want to change any of it.

i have some BTC for holding
some for spending
some for trading

and the amounts in each group doesn't change and i am pretty happy so far and will be even if i lose some profit.

Well i don't scare to hold until August 1st even my bitcoins be an altcoin because of the activation segwit2x on bitcoin's network
because actually i have made calculated about risk investing in bitcoins,
 i have made investing not in bitcoins only some my money to be invested on altcoins are like ethereum so the risk losing money can be minimalized because i don't investing in one coin.

Same with you, i made investing in some altcoin not only bitcoin. I still have chance to make profit when bitcoin price going down, but sometime i got double loss when bitcoin and altcoin going down together like this time.
I'll hold some to see what will happen after august 1 and some of them i'll use for trading altcoin. I also have learning about risky in bitcoin, when sometime i must lost some% of my money i dont scare because i know its risky investing in bitcoin.

We all know every investment has its own risk.

Before we use bitcoin, we already knows about its risk, right?
I know there are ppl that are scared for the following month.

It's true we are currently in "red days".
And I don't think this was the first time it happened.

If you have any altcoins that you can not know that they are also experiencing falling prices. Such risk sharing is only good in a relaxed atmosphere. I don't believe in the separation of bitcoin, but if this happens then the trust will lose all the coins.

Actualy we don't know what will exactly happen at August 1, these are all speculations and rumors. The whole story is just exaggerated and even.now some users begun to panic. This is probably the goal to make some users sell their coins.I don't fall for that.

No I'm not scared. Not in the slightest!
Every opportunity I get to accumulate more BTC I will take advantage of. I let the others freak out and run around like headless chicken.
Furthermore you don't know if we will decrease in price until august. We also could sunddenly to start moving up again tomorrow or next week. So if you sell all you would have to buy back in for a probably higher price. Wouldn't be that smart. This is why I would partially sell if you're uncertain.
With your theory about altcoins I mostly agree with. 5 to 10 of them may have some future in one way or the other.

I am not scared to hold bitcoins until August 1st, i consider it is good chance to getting two coins, so i am still hold some on bitcoins and the other in altcoins, i don't find reason fixing of bitcoins network is not something scary (segwit2x on bitcoins) also price of bitcoins down, that is normal price of bitcoins is always fluctuating, so do with the altcoins that is chance for buy cheap of bitcoins and altcoins.

yeah it's just make people going to do panic selling , just like what happened recently the bitcoin price in down trends due this kind rumours getting heated , some people believe it could be a split chain after the segwit 2.0 comes and guess what would happened? people lost interest as it feels someone play with it. i personally think that the bitcoin price would get dropped a little to skyrocketing back later.

actually i am starting to believe that August 1st will lead to a huge rise. you know why?

because by that date we will have SegWit activated!
majority of the miners are signalling for SegWit at the moment and the rest are not signalling anything and will switch as soon as the date comes and that means a SegWit activation with the biggest support which is nearly 100% (similar to LTC).

then in a couple of months we will have problems about the hard fork and that can cause a split not the August 1st thing.

I think that this process of price reduction has already begun. We see how the price falls and many cause panic. I thought that the fall would begin after the 20th, but it started earlier. I plan to buy during this period the maximum number of coins and then wait for a sharp price increase

You are right but you never know what they have in mind

Still confident that  Segwit will have good result in BTC. Whatever will be the result if price of btc falls or go Up again. I will hold unto  my wallet and still use bitcoin as my priority crypto- currency. Will just wait what will happens. Some says it will be good because of changing  or improving the fees and transactions.

We need to make a wise decision to avoid losing of bitcoin, however there's a little bit confusion regarding to the results of BTC segwit. But I was not worries regarding to holding off bitcoin until August 1.

i am very scared of today and all the other days until the August 1 and after it because my time is running out and i only have a very limited amount of fiat at hand to buy cheap bitcoin.

for example today is the sadest day of this week for me because i could not buy as much bitcoin at the bottom as i liked to because i didn't have fiat on exchange and the opportunity is already lost.

;(

No, absolutely not. I'm not scared of August 1. When I started bitcoin I know it's a risk but a calculated one. And besides I have gained a lot from bitcoin. Honestly I have plans on investing on bitcoins more once the value depreciates further comes August 1. The reason is that I see its potential and I know that the value will appreciate more after segwit. If I'm wrong with my prediction, it's fine. In life, nobody gains more without losing some.

scared ? not much.
when i invested in btc , i only invested that much which i am ready to loose if something goes wrong., so i am alrady prepared., in worst case scenario.

but in best case, its a win win.

so i am holding on to my btc.

When August 1 comes and nothing happens I expect a big rally, in fact I think it will come even before because there is still little economic support and no mining support for uasf whatsoever.

You mean those miners that have expressed interest in Segwit2x, signalling by signing messages in the blockchain?

Theres one thing I dont understand there. If they really wanted Segwit then why didnt they support the original proposal in BIP141? Is it the promised hard fork to 2mb block sizes 2 months later? Are they sure it will be wise to hasten things like that?

My bitcoins are secured and I do not think there is nothing to fear about the above said date. If you are a swing trader, you have to make adjustment. But if you are just a long term holder, I think just keeping your bitcoin safe is enough. It is more on the future rather than the swing in prices that concerns me.

What is the point of fear in order to fear? If you are afraid and don't want to risk that you will have plenty of time to sell all of your coins. Now the price goes up. At the moment is 2.4 K. I think this week we will see more than 2.6 K. Sell and will not be afraid, I want to hold your coins and don't be afraid. To sit with one ass on two chairs will not work.

Long term traders shouldn't be scared to hold until August 1 or beyond. But if you want to take some profit, just don't feel sorry of selling it when the price starts to increase and you sold it lower. Just don't regret what you are going to do. This is crypto currency the market is always moving.

There are already other versions (forked) of bitcoin (eg. litecoin, dash and others) why is this so FUDdy for others?

Honestly a few days back I was bit paranoid about august 1st but now few days I don't really like to be worried about this anymore it's as simple nothing is going to happen, the hype is over and I would say just hold your coins, do not and I repeat don't use Alt coins, not good at all. Just keep your coins safe with a private key, thats all and if it falls then buy it again. That's all I can suggest you to do.

not fear. it's time to bearish moment but it's normal. don't worry be happy guys

The miners are giving the reasons for bitcoin core protection, I'm not a professional, but I think bitcoin needs some change, at least it needs larger block numbers. There is an indispensable need for bitcoin.

I'm not. I will wait to August)

I am not at all afraid because we must never forget that there is the technology that Bitcoin represents that is what is most valuable and is integral for the growth of Bitcoin over time. Bitcoin is not just a currency for speculators but an investment tool for technology to advance us further afield.

I already tripled my initial fiat investment, so my profits are already taken. The remaining coins that I have now are all paid from the profits that

I made over the years. This risk-free strategy has removed much of the stress that I would have had, if it was my initial investment. This was my

goal from the start. {Invest, double or triple my profits and then extract my initial investment}  ;)

Yes I am pretty much scared about august 1st. I can't imagine or I'm not believing what just happened today. The price literally dropped to 2300 dollars that is 500 dollar plus drop in price of bitcoin in one day and this is what the effect of segwit stuff. Don't even know wha the august 1st will bring to us. I'm very much confused about holding of my bitcoins.

If it goes down to 2300 USD, how come it be a 500 USD drop? Haven't seen price the price being above 2700 USD in a week.
Was around ~2500 USD. So its like 200 USD drop in a day  not 500 USD.

Still.. In general crypto owners are pretty bad with buy&hold, because so many people want to get "rich quick", so obv there's gonna be panic in the next weeks.

Dude, I think you don't get it.
After we get segwit, bigger blocks become irrelevant.

For short term traders, it's really that they are coming at scary position now.

But, for Long term traders, it's no matter cause they have a solid mentality.

It is the Reality of cryptocurrency market.

Correct. He is so scared that he totally forgot how to subtract correctly.  ;D. I'm pretty sure that you are already here last March after the ETF decision and there are a significant drop of the price soon. It was a scary moment because bitcoin drop to below $1000. But look how it rebound and even reach $3000 soon. I think this will also be a repeat of it. If it went down after Aug 1, it will soon bounce back and reach you height. So I'm not scared about Aug 1.

yes

but in the end of this year bitcoin value level up

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No. I'm not scared. its nothing to worry about 1'st August. keep investing and make profits.

Yes, because my primary wallet here in philippines is coins.ph that is not a hard wallet, the support/Customer assistant told me that i should convert my bitcoin to philippines currency so that they can protect the balance, but they will try their best to protect the money of there user in site. There is a possibility that chain split will not happen, I lost my bitcoins and alt because of this red days also but it is normal it doesn't connected to segwit i think.

Hodl is the best way no matter what, it will just waste or eat time so much.

swimmin at the sea. holding btc and as always trading altcoins.
nothing to worry. only brave wins

No, I am not scared. When Ethereum fork was, everyone was scared about the consequences for Ethereum. Remember it was short after the DAO hack. Today, both coins are x-times the value they had on the fork. Same will happen to Bitcoin in my opinion. At the beginning there will probably be some ups and downs for both coins. But from time to time the better one will gain value. Important is that the value of both coins is >= the value of the Bitcoin value on hardfork.

What about buying altcoins with a little of your Bitcoin cause I don't think all altcoins will completely die or go down in price and sell others left and then, a new startup maybe with buying of Bitcoin with the money gotten from selling.

It's hard for me to predict what will happen on August 1. I already heard about the split many times and believed in it, I panicked. But all these conversations remained empty. Then I just stopped paying attention to it. My goal is a long-term investment, and I believe that it will give me a profit

Smartest way.. :)

I'm trying super hard to hold but deep inside there's some fear of the outcome. I might cash out 80% and leave 20% of my portfolio before August 1st. At least I'll have something to fall back to if the 20% goes down to almost nil.

No im not going to hold my bitcoin i already converted my into fiat and waiting for the price to decrease yeh it's starting to decrease now but not totally low waiting for the price to because on the predition will be the best how ever if this will continue maybe people will going to panic and sell or there bitcoins hopefully not

Bitcoin got this far because we have always believed in it and why stop now? Come what may, I will keep holding my coins and wait for this highly feared day to pass :P hope it comes with good intentions.

Yes it did survived for long time and right now we are going to be scared? There's nothing be fear of, I'm only going to fear if news coming out tells that no one wants to use bitcoin anymore. But it's different, people wants to use bitcoin and with this happening it's just making the price of bitcoin at dip because of false information before Aug 1.

We've had a discussion about this a few hours back today and most of us came to the same conclusion, to sell 50% and hold the other 50% (speaking of bitcoin).

I'm waiting for this August like it's the new years eve.

Something to fall back on? Have you gone all in? If so, then I'm sorry to say, but that's probably the worst mistake you can make, generally speaking.

In most cases people who constantly worry about what the market will do, are either heavily over-invested, or they have gone all in. In both cases it's a silly error.

Other than that, I don't know what's wrong with people lately ~ more and more rookies pop up thinking the price will fall back all the way to zero. Take your money out and never come back!!

As I recently started the bitcoin quest, I don't have a big amount of them, so I am  holding them till then, and we will see. I believe that even if it hit bitcoin, and it's value go down, it will eventually rise it's value because I see potential in bitcoin

The best option is "do nothing" because everything else is speculation. You don't know what is going to happen so not even you can "make a plan". This must be FUD or you have time travel technology. :-D

Actually Im not afraid Im ready this Aug1. Whatever may happen Im still holding my bitcoin and well see its price. Because until now Im holding and I beleive it will rise again its price. So lets observe this coming Aug1.

We still does not know what will exactly be the result of the said Segwit on August 1 but the assurance of the answer on that is just a fight between win or lose situation. If you think that you might lose that much in holding into your assets, then you can sell it for an easy money and of course assurance. But if you think that you will just take the risk of holding your assets, its your own decision. Because the one who will be the beneficiary is just yourself. We do not have to get into panic and start to be scared of the upcoming event. What we can just do is to prepare until it settle down.

To be honest I am not scared to hold my btc until august 1 because if there will be surge after august 1 it will be a huge success and if there would be downfall after august 1 then i will hold it and will wait for the price to rise.

I guess for me i will still hold my bitcoin until august 1 we knoe that it is already risky in that times because the bitcoin price could dump in. Half but i still believed that the segwit will be successful in that day and double its price in the market but your srill the one who deside.

I'm not scared, but I'm a bit worried about it, anyway I will take the risk and see what happens... I won't sell my Bitcoins to buy again after August 1.

However, everyone can change their mind yet about it, the hot news will come on the last week, probably. Better to keep an eye on it to know what to do.

Yes indeed bitcoin survive for how many years and nothing can stop it. Even though there is bloody red right now in the market we'll still hope for the best to happen. Better trust bitcoin and altcoin, what meant to happen will happen, so let it be. Hold it as you can.

You will never feel scared if you know well about what will happen with bitcoin in August. I think you've seen the schedule for the scaling of bitcoin. that gives a lot of the explanation regarding what will be happening with the bitcoin in the early until the mid of August. But there is an explanation BIP148 proof of work change. Interesting for a watch. It will be a huge success of the chain will not be forked and another shitty clone of bitcoin such as BTU with the greedy team.  ::)

Hey, to don't have a hardfork this UASF must not be activated?

Is BIP148 the opposite of UASF? (If one is accepted, the other can't be).

i don't scared with august 1, i still want to hold my bitcoin, i want to see what is happen in that date. if bitcoin price is down, then i can buy again but if bitcoin price is up, then i can sell in any high price that i want. its the same with my altcoins and i don't want to sell too soon because of my portfolio is down to bottom. its better to hold my altcoin than to cut loss because my bitcoin in the end is not increase and only get reduce.

Yes we have same mindset, and about your doubles loss because when bitcoins and altcoins goes down together like this time
i think in the future we must have reserve capital on fiat currency to anticipate the condition like this, but i think the down trend of all of digital coins will be end soon, because the price are starting stable right now, that is mean the price will be going up again.

I prefer to sell bitcoin and wait till 1 august my friend also suggest this. indeed the decrease of almost all cryptocurrency values makes me a little tense but I'm not scared in this case.

Well, I am not really scared of August the first, since I have all my bitcoin on a hardware wallet and I have all my private keys, which means that when the hard fork comes, I will have full control of my bitcoin, unlike online wallets. Segwit should solve a lot of problems that are related to transaction fees, and should make bitcoin better and smoother to use. Some people I know are selling bitcoin right now, and then re buying after August the first, just in case of what happens, but I don't think this is a good idea, due to how low bitcoin has dropped now, the price right now is just above 2k and this seems to be pre segwit panic.

Buying bitcoin after august 1 has more risk losing money because, if the chain split happen, there will be 2 chains right? Now, whatever chain is the longest chain in blocks will be the main chain and the other one will be discarded so, if you buy bitcoin on uasf chain, and the old chain is the longest, the uasf coin you bought will be discarded so, you will lose funds same thing with old chain. If i were you don't do anything until the split is complete.

I still hold my bitcoin, bitcoin price is a little weak some days, but I am not afraid to keep holding bitcoin I believe the price will return high, we wait for 1 August

I'm not scared, I invested into bitcoin knowing that I could potentially lose a lot. As for August 1st, we don't know what will happen but I have a good feeling that it will be alright and we will see Bitcoin rise higher than ever potentially into $4,000.

I am selling my bitcoins and ETH once it goes back up.

Selling the BTC probably this week. I see it going down, good opportunity to get back in for cheaper. If August crashes we will see it go back down to sub 1,500, that is likely where it belongs for awhile.

It's good to know that you are already profited to your initial investment and saw it grow, so there is no grudges when the crypto currency is in the red days at the moment.

This is very much a wise decision of yours and I would like to do it in my future investments, and I do believe that after this thing Bitcoin will rise up again more than ever.

I'm not afraid of August 1. I am willing to take the risk of holding my bitcoin and Alt coins. So whatever happens, I will accept it. Taking the risk aint easy but when the results are good you will profit for sure.

Honestly, I'm not afraid. I am curious and hopeful. I think we'll be in a better position in September than we are now.

No I am not scared about 1st August.  I'm holding my btc and altcoins.  Because without risk in life you can't gain anything. I will wait and see. I'm  hopeful about it.

Some people say they are afraid of not being able to buy bitcoins at such cheap prices now, according to the survivors not to sell their bitcoins this is a bitcoin discount time, buy as much as you can and see the results a few weeks later.

BIP148 is UASF in this case. UASF is a generic term for User Activated Soft Fork, so the USAF this time is under protocol BIP148.

BIP148 is the rules and regulations of how the fork should happen.

September is the moment of truth :)

In ambivalence I decided to hold no matter what happens for a period after the split and see how network consensus turns out.
That said I understand why the price is dropping on concerns as the real period of transition approaches on the horizon, it shows up in the demand for Bitcoins too as the price drops because less people are purchasing pending Aug 1.

Here the two lines of the op is showing that the OP is still a newbie because , He is going to sell before 1 August and then buy after the completion of the launch of segwit2x .
Actually here op needed to buy more and more btc and sell after the first week of August , because before the hardfork many people week get more in panic and surely will sell Thier btc , so take a chance to make profit   
Here the price of the Bitcoin will be minimum before the 1 August and after the complete of the hardfork the value of the Bitcoin will get rise sharply without control of any small limit .
In the second line of the op ( quoted by me ,) OP don't need to sell the altcoins because no where will go altcoins because Thier algorithm is different from btc , so more better is to have your money in another coins than btc .

The one who's afraid is the one that didn't trust bitcoin. I think bitcoin somehow proves itself to the market and it survive many dumps. Better hold it until or after August 1st, we never know what will really happen, what meant to happen will happen.

Yes back to ourselves personally, Segwit on bitcoin I guess no jeleknya.Nah kalo problem nyimpen bitcoin, iya emang bener don't simpen in exchangers it very dangerous process reply segwit/hardfork failed could be saved that bitcoin is lost, so many people who do not create nyarain ngehold bitcoin

I am not going to sell my coins. Im sure about regains in the market. The bitcoin graph (pre-historic) says the different story where bitcoin fallen many times beyond the expectation of everyone and it always had that regain potential. Im sure about this time also and with the past stories this will be the new history too, where people holding it will benefit more than those who are selling it right now.

I'm not totally afraid of coming August 1, I don't know why some people are spreading out such types of bullshit. due to this cause, many people are going to sell their bitcoin and some intelligent people are buying that bitcoin at a low rate. in the future the seller will realize the losing bitcoin. because Bitcoin will gain more value more and more in the future...

Yes I also agree with you all  it's most likely not going to happen. Despite the decrease was not going to 40%. in the next year will soar bitcoin continues

When people spread a panic now I want to ask how you lived before without bitcoin. You can't wait 2 months until the situation stabiliziruemost. Any action with bitcoin now can be wrong. Now it is better to pause and wait for the normalization of the situation.

Well, it's been almost a month since the beginning of "panic" at the expense of bitcoin and its possible failure. But as it turned out all is excellent)

yes you are right, all those rumors will that make bitcoin users so frustrated that some of them stop using bitcoin were prove to be wrong, and that is the great success of bitcoin, now those who stop using bitcoin now regret, and those who waited for this whole month now get 150% profit on their investment, and make their life even better.

People were going nuts focusing on the first of August. It's ok to have some doubts regarding such an important event, but people here were literally infecting each other with non information. Yes, a chain split has become reality, but this was already announced by Jihan and its other toxic gangster friends. People have had the opportunity to cash out their BCC's for BTC -- that's the only good thing about BCC.

Damn straight. although we can't also deny that the possibilty of it happening is always there. what happened is people made a big deal out of it and spread it all through out the

community. the rotten part is some people tends to agree to something if the majority people says so without even analyzing the basic concepts of it. the lack of knowledge is

also a problem or we can even say that some people chose to be ignorant since all they have to do is to search.