Bitcoin Forum

Maybe I'm fantasizing but haven't markets priced in Aug 1 already?

Will we have to wait until the very day to know whether soft or hard fork or whatever?

Or can you pick up signs that the solution is decided already while cryptos are behaving like a tempest in a teapot?

I don't think there is any definite way to know if these are the august 1st market prices. They could drop even lower. We already know the dates that are set to each scaling solution, but whats important is how each party responds after the date, which is still unknown until it passes.

Well, the market right now may or may not be the market of August the first, after the hard fork or soft fork. For all, we know Bitcoin could drop to 1000 USD or it could even rise all the way to 3000 USD. Right now though, Bitcoin has recently fallen from 2800 USD all the way to less than 2000 USD in a matter of days, but it seems like the prices are stabilising and going back up. Bitcoin rose 100 in only 3 hours, so we may see Bitcoin back where it is soon

the activation and the result of that date is a process not something that happens over night without anybody knowing and being caught off guard.

first miners start signalling then a total hashrate that is behind every proposal becomes clear and based on that you can see what the outcome will be. so far there is about 90% behind SegWit and that means it will be activated without any problems.

some people love to create disruption and say miners will pull out near the end but i like to stick to reality rather than what may happen.

and the signalling and the locked in status is achieved in one difficulty period if i am not mistaken which is 2016 blocks. (someone should verify this since i am not sure how timeframe of each of these things go, there are too much information)

p.s the price actions are 70% manipulation and 30% panic sells.

I'm pretty sure you know the answer to your question.
It's of course totally impossible.

You'll see threads popping hear and there saying "hey bitcoin is gonna fall and die" and others saying "hey it'll be worth more than $4k".

These are just people "talking".
No one has assurance what's gonna happen.

Is segwit gonna be fully activated or a hard for is incoming ? I just wish for the best with no split and segwit.

We just need to have some patience.

I also think so, now the market is going downhill, but I think it's only temporary until the pump will pump it again, I'm sure bitcion will increase again as time passes, but all back to every user in handling it, so far Still many unknown Until that day comes, will be like its front, I hope it will be better

no it is not, it actually is totally easy and soon will be clear. it actually is starting as we speak.
the blocks are starting to change their version to the new ones to signal the new bit which is for the proposal they want to support. if you take a look at coin.dance or any block explorer that shows you the version of blocks you can see many are signalling version 0x20000002 or 0x20000012 which both are showing support for SegWit and the percentage is growing.

that may even be the reason for price recovering about 10%

We still have to wait until that date. Because everything can be revealed very clearly, there will be no speculation until it finally happens and comes true.

Yes.even though bitcoin price started to fall from $2800 to $1900,its price started to recover today.It shows that there is still huge demand for buying bitcoins among investors who just waited for a long time to buy bitcoins at such a cheap price.I personally hope that bitcoin would soon cross #3000 after segwit activation and thats why i hold my bitcoins despite the confusions in the bitcoin market.

So far Bitcoin is bouncing back, it's not really good if we keep are spreading fud in the coming August segwit, let us all become positive that after the segwit, price will go back to it's good price or even better if Bitcoin dies everything associated with it will die.

What makes you think that? If this was true then the price likely wouldn't have fallen so much recently. Nobody can predict definitively what is going to happen within the hour regarding value with bitcoin so nobody is going to be able to tell you what will happen on August 1st until it has happened.

It's two weeks stayed before the 1st Agust and even if it seems that Bitcoin is coming back in the price I think that the fall will be continued and we will see much lower results of this fall soon.

"So far there is about 90% behind SegWit"-  could you clarify that?  From who? From what I've read the core group of programmers are not in agreement anywhere close to 90%.  Also isn't it important to clarify if you're speaking towards SegWit or SegWit2?    

If 90% believe it would be activated without any problems there certainly would be far less panic than there is right?  ( and I'm speaking of panic from the big players in BTC like the heads of each exchange).

Don't you know about segwit2x is just a bait to activate segwit?
I'm sure he was talked about both of it, check at https://coin.dance/blocks as mining pools mostly support segwit2x.
But BIP141 will be activated on August 1st, so we will know about miners signal for it or not, but it seems like chain split will be happen.
People shouldn't panic due to this news as there is no something dangerous that may harm your bitcoin. Read at https://bitcointalk.org/index.php?topic=2017191.0

We already seeing bitcoin status before august first its falling price like anything now seems to stabilising . Its all about trust in bitcoin as current trend shows its losing trust in crypto investors lets wait and watch.

Prices might be lower but might also be higher, you can't define that for sure. But there is no predict the values. Because of fear of low prices some unexperienced users will start to sell their coins now and massive oan could also affect price in negative way. Let's hope the common sense will prevale and this will not happen.

The answer of your question is NO because its not possible to know the future that what is going to happen in the future. At this time everyone can only predict that what is going to happen with bitcoin on 1st August but no one can tell you exactly that what is going to happen we will only know that on 1st August that what is going to happen on that day.

I think the bitcoin is dying and other currencies will be replaced... such as LTC, XRP, ETH...

Not really no one know what will be happens on that day maybe they can predict it and not that accurately will happened but ofcourse there are some difference that will happen august 1 last year is pretty good the day that the price of bitcoin turning into the price to become higher and higher but wait for it.

It is important, on which side will be most of the miners. As far as I know about 80% of the miners are for Segwit

You can really predict august 1 before that because there is lots of positive signs like its preparing bitcoin for future and if you go with negative side you will get panic and end up with loss.

It'd impossible to know for certain if the August one fear has priced in yet. Yesterday was certainly a fleeing day for a lot of investors buy since then prices have somewhat recovered.

What will happen in August is still uncertain at this moment. What we have today are only predictions and possibilities of that which is to come on August 1. We cannot be certain or be sure since the event on August 1 will be only decided by how the group will react on the implementation. And so we are left with only hunches and for us to be safe we need to make some precautions about the possible dangers and risks that we are going into as we travel towards August 1. And as we can see many people are now converting to dollars so that whatever events that will occur to bitcoin they will not suffer huge losses. If we want to be safe then let us follow their footsteps so that whatever crash that will happen we are already prepared.

only 2 groups are important. Miners and Nodes. the developers have already done their part.
Majority of nodes (more than 90%) are running bitcoin core which is compatible with SegWit in other words they are behind it and supporting it.
Majority of miners (nearly 90%) are supporting SegWit which means they are behind it.

SegWit, SegWit2x, BIP148 (UASF) are currently all compatible, they are all looking for SegWit aka BIP91 which was merged into SegWit2x some time ago and miners are signalling the same thing. this means i am talking about all of them since they are the same thing!

p.s. panic has nothing to do with any of this. it is market manipulation. take a look at the charts and see how many of these red bars we had so far where people panicked and dumped bitcoin!!!

I think bitcoiners need to be aware that somethng will happen in 1st August, but trying to guess what will happen is just speculating or prediction, and may give more fear to bitcoin owners.

Of course there's room for speculation and no one could know as at yet but from the look of things the prices have started picking up again today and hopefully it might go back up high before, during or after August 1.

yes you are right that we cannot say anything about the price of the bitcoin at august because in bitcoin anything can happen may be it will go so high or maybe it will do a bit more down so making any kind of prediction about bitcoin is not easy at all the price is today low but may be after august 1 it will increase.

What will be on August 1 and what will be the rate of bitcoin after this date, I think no one knows. Either this is known only to a narrow circle of people in this field of knowledge. This is evidenced by the unpredictable course of bitcoin for a week - two before August 1. He first fell to 1900, and then abruptly climbed to almost 2900 dollars. What will happen next is difficult to predict. It is logical that on the eve of August 1 and these days he will fall.

The best thing that you can do, always, and especially in times like this, is to keep up to date on the very latest news.
At the moment, segwit is showing 98% support: https://xbt.eu/

Nothing bad is going to happen on August 1. There will be no chain split and BCC will be created as an altcoin. If you have the private keys to your Bitcoin wallet (or if you are storing your coins in OKCoin), then you will be able to claim them.

What do you want to know about August 1st the event is all but over, support has been locked now nothing is going to happen on that day, so if you have coins keep them locked for year end and sell them at a huge price, if you plan to buy coins thinking it will fall, it won't there is only one Road for Bitcoins now and that is upwards and upwards, as for whether the price has been considered maybe but you never know how high it may go in that day or post that day

August 1 is just only a normal day to everyone, as far as no chain split or hard fork that will. Now the  trending bip148 is over and segwit2x is the new trending news on bitcoin world.

I think we cannot really know what would really happen in August 1. We can guess it, but for me no one could exactly tell about that. Well let’s just consider all the possibilities that may happen on that day and most importantly do not expect for we might fail and let's just accept and be updated what would happen on that very trending date.

i think the same as you and i am considering august 1 is normal day like the other day as i don't to worry about segwit2x or bip148 like many people read in many news. the best thing we can do is stay calm down, don't panic although the worst thing is happen, try to focus in trading if we are doing trading. but if we still want to know about the news especially about what next after bip148 and segwit2x applied, then we can continue to read in the website but don't take it too serious as we don't know the truth.