Bitcoin Forum

I see a lot of threads talking about the BIG date regarding August 1st.

But there are no threads about whats going to happen after August 1st. There will be an August 2nd (My birthday) so lets talk about that...

Predictions/Price/ etc...


I want to hear some thoughts.


My plan is to buy up BTC in the coming weeks and HODL

Without a HardFork the main prediction here is that the price will skyrocket. In few months Bitcoin can be pricing $4500 or even more.

But seems things won't happen so fast, we need to wait what will happen right after August 1, maybe there will be a delay of days or weeks until things come back to the normal as we see today.

So is the hardfork 100%?

No. it is not sure yet. You still need to wait for that confirmation. As of now, you see the prices are going down just because of fear in people or most of them want to play safe so they are selling bitcoins and keeping cash in hand ready to jump in once these things settled. If you're not holding a lot of BTC then no need to worry because surely prices will go higher in the longer run.

Please just make sure you are using a wallet that gives you access to your private keys, and back them up in a secure spot!

I use Exodus and export my private keys and keep them in a safe location. An even better option is to purchase a Trezor or Ledger, especially if you have a large amount of BTC.

I actually just got my nano ledger in the mail yesterday  :) :)


I know no ones knows what's gonna happen. But price predictions after aug 1st??

There are 1000 too many
https://bitcointalk.org/index.php?board=57.0

Will bitcoin go under 2000 dollars until august 1?
Bitcoin price is sliding down because of the Fork. What will happen today?
Buckle Up: Bitcoin Price Heads For Below $2,000 As August 1 Nears
Probability of HARD FORK is 80% !
Price dump from a Bitcoin folk?
Will you buy more bitcoin? what price that are you waiting for after 1 Aug?

Yeah all of those threads deal with before aug 1st.

$4500 wow, i like this prediction, lol, this will be magnificent, and everyone should be extremely happy.

But if a hardfork happens? I think it's ok, we get bitcoins in each blockchain...

I see bitcoin after months of 1st August raise to 4000-5000$.
But before bitcoin will fall low. to 1400-1700 ...

A good plan, prepare as much money as you have. When your BTC segwite will double. You will become rich.
It's time you buy BTC as much as possible, 1000 $ might be a good price.

Not waiting until 1 Aug now the price is $1983. The uncertain situation make bitcoin holders panic so they hurry to sell bitcoin. They sell in cash or other cryptos but in my opinions they sell in cash because all the price of altcoins also down too. Some altcoin holders I think sell in cash too. I think it is like rush of in banking Industry. If the cryptocurrencies are managed by banks I think the banks will be banckrupt because many people draw they money.

maybe bitcoin will be split as many rumor said but for sure, lets we wait until that time and see what is happen. but i am predicting that the price will down deep, maybe will reach in under $1,500 or more. but after that, i see that a big chance for the price to increase back and reach more high price. how much you want to buy btc? if you want to buy lot of btc, i suggest you to wait a moment, watch situations, make a little analyze of the trend, history, order buy and order sell in the exchange or you can place an order buy with in many price range for example 3 or 5 price.

I also see this one coming. In August 1 there would be a split on mining and bitcoin itself. And with that split bitcoin is affected by that. Which makes the transaction of bitcoin faster and easier. And with that some bitcoins will not be known as bitcoin when there would be a new copy of bitcoin. Some sites will not accept the old bitcoin. But the copy of bitcoin for me is only a FUD so they can buy your bitcoins at low price. Bitcoin will probably be pumping after August 1.

Any idea what should i do with my Bitcoin? I am using coins.ph and i have roughly 3 Btc should i move them to offline wallet or just keep them in coins ph?  I really don't have any idea what or where i can download offline wallet for Bitcoin. Don't know what will happen with my Btc after aug 1 because i don't have access to my private keys , the site is just providing me a bitcoin address to received from a transaction.

there are a lot of speculation if you want and they are all in the speculation board! obviously! :)
here are my thoughts: https://bitcointalk.org/index.php?topic=2015798.0
and i still say that is how things will go. a lot of drama before the date, then slowly gaining trust if the miners support remain high and don't change, then a smooth transition and then a fast rise up after that date as the SegWit activation gains more confidence and when it is locked_in price will shoot up.

 remember just 18 months ago, the community was promised segwit. being backward compatible..  now even the ones promising "backward compatibility and no harm to the network" are screaming that activating it will cause a split.... and gasping at anyone who has not updated

so 18 months since then. i remain laughing at the empty promises that keep bubbling up to the surface in regards to segwit

It can fall even below $1,000 per coin... The possibility if a chain split is now very significant. Most of the large holders are converting their coins to either fiat or LTC. There will be massive dump before August 1.

I don't really care about trending news that happening in these days, I will be honest. I just care and worry about the price that steadily declining day by day. I am wondering why people get panic and put that cut losses.

breaking $2000 has proven to be a tough thing to do with bitcoin and price seems to be holding up above it for the time being. this can change and price may go lower but also like always the people who sell or the panic sellers are limited numbers with finite coins. they run out soon and others will always jump on board when price is low to buy and hold for long term even if it goes a little bit lower it will still be profitable to buy.

and that makes the chances of more drop lower.
and besids we have SegWit activation on the way with the high support from everyone. and that is a big rise on the way anyways.

If you will buy bitcoin make sure that there will be no hardfork because if there will be, I predict there will be a dump after august 1 so if it started to stabilize by that time, buy. There is also a possibility of it going up to unimaginable prices if bitcoin hardfork is good so it is better to buy one week before august 1 but don't go all in on fiat.

This is speculation worthy, move it there if you know how, if price drops below $1950 I'd sell everything if I paid more to buy them before and would wait 2 more weeks to buy some cheap coins at probably $1300. I'd be selling and cashing all my assets and buy Bitcoin at low prices, simply because it has the potential to pass $2800 2 months from now. safest thing to do now is to sell. but if you are rich enough and could afford to lose whatever you have invested then hold like Satoshi.

safest thing to do would have been to sell when price was still high. the dumbest thing always is to sell after the price has fallen and reached a bottom.

lets forget about everything else and only look at numbers.
price has fallen from $2900+ to $2000 and you have not yet sold. do you honestly think it is a good idea to sell now at the lowest price! it doesn't seem like a good plan to me. why have to held this long anyways and what changed. the reasons why you held in the previous $900 drop still exists and for the same reason you should hold.

and I doubt that price can go up to $2800 anytime soon in case it drops to very low prices like $1300. in which case a lot of money will go out and stay out.

Well bitcoin just fell to exactly 2000$ USD, so if wanted to buy, I would definitly recommend buying a bit now, and then seeing if it drops even further, and them buying from there. This is what Segwit is causing to bitcoin, and it is making us all nervous and selling now. And to drop bitcoin even further, people are selling at, say 2200 USD, and then re-buying at a lower price.

Well what happens after the hard fork, if it does go through, should be quite simple. I would definitly speculate a re surge in Bitcoin's price and a drop in Alt coins. I would think that Bitcoin may hit 3k in the days after the hard fork.

Main prediction, as mentioned before, is that the hardfrork will be the outcome of August 1, and that prices will be quite high in the following few months. Sure, things may seem quite slow, and it also seems like prices are falling in the coming days/ weeks to this big day. But this is just the result of many people being quite scared of what the outcome is going to be and not actually thinking logically about the long term outcomes. Probably things will start out quite slow, but we will probably see a gradual increase in bitcoin's price that will break all previous records. I just dont understand why everyone is panicking and selling their investments just now. Im sure things will turn out just fine.

what is most safety wallet for hold bitcoin until 2.august?
I am using almost all of wallets, because of different reason. Is blockchain.info okay for this? how about exchanges?
I am not sure what is benefit from Segwit, it is very hard explained to the new user about bitcoin, now is there something new. Today bitcoin have simple rules, and i do not like any complications.

i think every wallet which we used or know is secure, this will work too with wallet in exchanges. because before one dev or on exchange want to release their product, they must tested it and if there are any bugs, they must fix before its released to public. i have my wallet in 7 exchanges, mycelium, jaxx, coinomi, coinpayments and i think its secure.

in my point of view when facing 1 August segregated witness better to move temporarily into bitcoin core or other more secure wallet.
although i can not said that store in exchanges is unsecure but most of the people said that saving coin on exchanges is very risky, moreover when segregated witness happens on 1 August. just do prevent actions before segregated witness.

i am first use blockchain and because of high fee going to coinbase and electrum. also i have something on Xapo and almost all exchanges.
with this bitcoin price drop my dollar portfolio are devasted :( i hope after 2nd august will back.

Exactly, I agree with you. I am not scared about Bitcoin dumping. I believe Bitcoin will pump again soon. That's why I think it's the time to buy and hold Bitcoin. It's the Golden Chance for everyone. It's my personal opinion.

Keeping all in bitcoin and keeping all in USD / Fiat is not a good idea. Sell some bitcoins now, see the market regularly and play with the news. Thats the best way to avoid loss in either case of bitcoin going up or down.

Some would say it probably goes higher, the BTC, while some say it will decrease. I'm still in a verge of reviewing the possibilities, although for this August 1, we'll gonna make it through. Let's make this happen whatever it might be, I'll still use bitcoin for mining and be involved on the statements and issues.

Have all answers.
Easy topic:
https://bitcointalk.org/index.php?topic=2007635.msg19988238#msg19988238
Complex topic:
https://bitcointalk.org/index.php?topic=2018878.msg20119234#msg20119234

The situation is pretty complicated today, specially on those having ETH, theu are panik

My main question is what version of Bitcoin will be best after the hard fork: the miner version or the BIP141 version?

I get the feeling a lot of people want to stay with the miners version to avoid rocking the boat even if that means a few miners having a stranglehold on the currency and possibly killing it in the long run.

The BIP141 version sounds more interesting in that it aims to reduce the power of a few miners and their ability to set transaction fees as they wish. On the other hand the initial lack of miner adoption might kill it at birth.

Is this correct?

I'm finding it hard to get useful information on this. Too many oracles, not enough analysts  :(

Edit to add: This thread seems to answer these questions but it's 69 pages long  ;D
https://bitcointalk.org/index.php?topic=1928093.80

Re-edited to correct a major misunderstanding

A lot of people here talking about august 1 and about segwit some are panic because of that bitcoin now are going down and i wait for that moment for me to buy. And all altcoin also are falling like ether waves and many project now are used waves and ether contract. i think its all affected because of that segwit.

The price is about $1800 now for one bitcoins which is very  low for the past period of time.
This was actually expected as ppl want to play it safe so they cash out.
Price dumping before August first doesn't worry me, what really does is what happens after.

Hopefully it goes up or at least gets back to normal $2500+.
The thing is all altcoins depend on btc price (therefore altcoin mining). And since I'm mining I want it to get back up ASAP :D

bitcoin will split into two chains, one that will have segwit activated, the other one will now. So there you go, there will be a version with segwit live on August 1. You just have to make sure that your exchange, or your wallet supports segwit before the transition and your coins will be bitcoin with segwit. Make sure you are on the right side when this come because one coin will die. Also I suggest you to diversity your investment and buy litecoin, it already has segwit, so if bitcoin activates segwit succesfully you win, and if not litecoin already has segwit you will win there as well.

do not panic.
Panic things that we need to hid, because it greatly affects the decline. But it is also necessary to decrease in order to balance.

Let say if I choose the correct one, will bitcoin value will back increase like golden days like ever before ?
Actually I'm also worried and my friend also yelling on me and asking my opinion about SEGWIT things.
Ofcourse I need to calm them and myself for preventing any bad action

Yeah it would really helps if you are holding a large amount to keep it safe in trezor or ledger,
And make you sure that you don't have any bitcoin in any third-party wallet .

In my opinion. The concept you are talking about it would not work. If you really afraid that bitcoin will be goes to down would never pumps up. So sell your bitcoin. But a fool person will sell out there bitcoins. It is the chance to those people to buy more bitcoins. Keep it hold. After August the history of unemployed will be change if they goes toward bitcoin in these days.

It's nothing but pure FUD I wouldn't even worry about it . Nothing bad is going to jaooen. The only bad thing is what oeoe are doing by dumping. Good way to get cheap bitcoins I must say. Creating FUD like this for the weak minds to break under.

not sure yet but i know now the BIP 141 (proposed by bitcoin core) deadline is missed by the miners but there is another deadline which is in July 29 where the miners must activate segwit by BIP 91 (segwit2x) with lower activation threshold which is 80%. so, there is still a chance to halt the activation of BIP 148. well we wil see that in next few days.

There is a strong probability for a big rebound once the scaling solution can already be implemented and there would no significant technical problems that can affect the whole Bitcoin network. Buyers would be back on the market when they can realized that things are already getting normal. And if Bitcoin is still fairly priced at that time, expect more big buyers to snap all available Bitcoin on the market.

This is actually nothing to be surprised about as the history of Bitcoin attest to this kind of cycle. And since we are all dealing with an open market where market forces are all dictating the price, then all of these 'abnormalities" can actually be considered as part of the game and in fact from a higher perspective can still be "normal".

The only thing I don't like is that it really hurts to see your Bitcoin go down in value...:)

As for now, we still don't know what will exactly happen on that big event on August 1 which is segwit. But we are still hoping that after this event we will be expecting a change in rate from dump price going to a great pump which can mostly lead to bitcoin reaching its highest price value peak that we think. What we have to do is just wait and see the effect on bitcoin's price value after the segwit.

I wouldnt put any more money into the market as right now it is on a downward trend and will continue until August.

Ok your Birthday is Aug 2, well you have a great reason to celebrate if you really bought and still buying Bitcoin like you've posted because after the scaling the price will skyrocket, although the price of Bitcoin continues to dip so keep buying more for your coming birthday and enjoy knowing that you will make a fortune when everything is settled.

Great plan there mate.

The price is very attractive for all of us. Your holding will be worth it for sure. After August 1, we will just be waiting for the final announcement as to what the final decision was agreed. I seriously doubt a split though. All the parties involved will try their best to avoid it.

What I'm sure of though is that by the time everything's clear and smooth, the price will soar very high quickly.

You need know people selling their BTC at now are speculative and they not have knowledge about Bitcoin or Market, maybe hear from some friends or news say Bitcoin is good, is future ... and they buy in highest price as $29000-$2500.

it won't continue until then.
because for the most part, these things never go until exactly their dates. they start at least 2 months before the date and end usually a month before or at least 2-3 weeks before that date.

also in a couple of days things will be clear. miners are slowly starting to signal for SegWit and by a couple of days the real support will be clear and when it is big and above 90% everyone will realize what a big mistake they have made and start FOMO buying bitcoin.

at that time you wish you bought at least something at $1960

I'm afraid the picture that is glimpsed is not very good, There are too many things that are converging on that event, At this rate and considering the days that are missing the price can be collapsed until the $1000 or less maybe but that is a mere assumption, And perhaps the worst for many peoples while the price continues in free fall neither alt can be considered safe option, The risk of splits is too much even to ensure that the price will recover soon.

the only reason why price dropped so far is because of two things: uncertainty and being uneducated.
and because of these two there has been a lot of FUD to change the direction of bitcoin. the risk that you call "too much" is actually way too little at this point with the factual data that we have at our hands. but it was exaggerated through a lot of FUD and that is why price fell in the first place.

and just like the previous fork FUD, this one will also lead to a big rise when people realize it was all empty bullshit. unless the facts that we have today change in the future, which is not likely.

Hahaha. That mean you are going to sell all of your coin? Actually no one can surely  said what will happen after 1 august. although the price of bitcoin decreasing hugely, but i am not going to sell them. will hold them until next pump.

I hold a bitcoin that I think is huge, so what should I do?
I was confused and a day ago sell about 30% bitcoin at a low price.
Is there a safe wallet to avoid this or what can I do to best decision?

Nope it will be for not a long time fair, uncertainty, doubt because after implementation bitcoin will bounce back. The result will be pure better and boost in growing of bitcoin in the market. While we can get benefits as you said on 1 August. We can buy more bitcoins, or it is opportunity from bitcoin that it is come down that people can buy bitcoins easily.

Do you think that bitmain that try to apply UAHF ( User Activating Hard Fork) will succeed. In my opinion economic bitcoin will not receive push from bitmain. The hardfork can down bitcoin in very low and make lost interest for new buyers. Are all bitcoin users will choose hardfork? for myself I don't really like it.

After 1'st August I expect quite a pressure on the network. If everyone will see that all was smooth(hopefully), they will start to get back to BTC and very likely send BTC from exchange to their private wallet, hence the stress test of the network.

I am expecting it too that all things will turn right already.There will be a stable price already for bitcoin that will still attract lot of users.And expect lot of good things on it.It might somehow reach $3000.

I can say the bitcoin will pump again and the price of it will rise again.

I just wanted to share what I've read to the site I invested. I don't know if it's really true. Let's wait and see. There's a saying goes " Just cross the bridge when we get there"

These are the lines........

We've promised you to express our opinion concerning the coming August 1, 2017 event. So here’s what we'd like to share with you:

At the moment the major Bitcoin market participants, such as Bitgo, for example, do support the Bitcoin Core version, which solves the network scalability problem and DOES NOT presuppose the Bitcoin network split. So in case the miners activate the SegWit before August 1, the BIP 148 WON’T be implemented, and all the users will remain in the same single chain regardless the client they use.

In case the majority of miners accept the BIP 148, the chain split will be TEMPORARY and a result all the clients will see the same chain, but the SegWit will be activated for all the SegWit compatible clients (versions starting form Bitcoin Core 0.13.1).

Finally the miners and the largest cryptocurrency exchanges are interested in increasing the number and volume of transactions performed according to the single protocol, and that doesn’t presuppose the chain split.


As they promise us the investors to keep calm and stay away from this panic. Whatever happens, the situation is under control, and our BTC holdings won’t be lost.

Well no one really knows what will happen before and after August 1 but let's hope for the best. That maybe after August 1, bitcoin will rise slowly but surely like its price will surely get to the moon. Hope the price will be playing around $2600 to $3000.

I believe that too, I am sure that after this August 1 segwit thingy the value will come back to what is used to be. And not just that maybe the value will continue to rise up just like the usual bitcoins. They are just falling down because of those holders who are panicking and selling all their bitcoins.

I predict that after the august 1 the value of the bitcoin will rise up it will become double or even triple.

positive thinker are those who have patience to wait till the value comes up to their interest, if you have that attitude then you can hold your bitcoin
and wait till results showed up, this aug 1 really creates more speculations so even we seen bounce back we are not assured yet that downfall won't
happen again on or after aug 1.

won't be much changes in price trend in a long run, so I am not concerned if there could be a split or not.

After August 1 IF the hard fork will be approved and initiated there BTC will split and the price going down will likely to happen but it wont be long because updated and faster system will be use and such will result to an going up trend better system more user. If there wont be it will be same as is and as the trade market shows today BTC will likely bounce back and recover because all the panic sellers wont have the reason to panic sell again which will give the BULL or BUYERS an upper hand . So for me Both split and non split will still cause a higher price to btc as it is now.

It is hard to to say what will happen immediately after August first and on your birthday (advance! :)) since we do not know what will happen exactly on that date. When it comes to the price, we will see some increase but not that immediately. It is always expected that the price will go up so it will.

You have a good plan and I think it should be done if you can afford to buy bitcoin now as much as you can, speculation about segwit2x has no uncertain certainty, I'm still sure if bitcoin price after 1st August will still increase slowly.

Email from Coinbase this morning.
Sure others have seen, thought i would post this here none the less.

Just do it as commanded, and do not try anything extreme.
Keep Bitcoin in an offline wallet, or sell and cross in cash. That's a great solution. Your bitcoin will be safe there.

Many people are worried about the issue of August 1 including me so as to sell bitcoin, but now the issue is starting to decline and bitcoin prices go back to the best level.

Also, I being sold something, but this is because i need fiat money for personal things. now is much better price, and we need to wait for this 1st August

Read my signature, it have all answers.