Bitcoin Forum

I'm excited when that day comes. Any opinions for that?

Probably Armageddon. Bitcoin can drop to 1 USD if something goes wrong. Scary scenario as fack in the dark. I dont know myself if to invest now or wait and see what happenes. I dont shit euros and I work hard for my money, but some of the people probably does'nt give a flying fack about August 1st.. Peace out brother!

From all the empirical evidence it doesn't seem as though there's enough support for SegWit for it to come to pass. As such, the most likely thing is the main chain will split and the SegWit chain will die.

Some people like Dr. Craig Wright (The guy who claims to be Nakamoto), threatened to start a large mining pool to kill off SegWit if it does come to pass.

This is another way of other people to drop down the value of bitcoin they didn't know what will actually happen after august 1..
Almost poster here are newbie and i don't think you can push back the value below and i think the price can increase more soon.
Segwit is just small piece of code to just to improve the bitcoin and i think it can't affect the overall if what is bitcoin right now and after activation..
If you sell your bitcoin today you lose the opportunity to make profit after august 1..  look at the market more people are buying bitcoin and we are currently $2,800 value.. sooner it can reach $2,900 value and reach $3k..

There will be alot of possibilities that may happen in august 1,some people say bitcoins price may crash after the split if split will really happen.It can be negative nor positive as well so lets just hope for the best

I don't know what these first two posters are talking about, when the two biggest dissenters appear to be closer to consensus against a hard fork

Already visible now, I am very curious what will happen after 1st August, it seems that rumor $4000 / BTC will be true in august.

Same here, since there will be no more hard fork that is going to happen on that date. Bitcoin's price is on its track again and start increasing last night, I'm even planning to convert some of my bitcoins when it hits $3000 or maybe $4000, I'm just waiting for this moment since I know that this Hard fork thingy is just a whale from the start, this have been an issue the last time, and it was just a trash, the same as of now.

Read my signature, it have all answers.

The price of bitcoin increasing tremendously these past few days and it's really exciting to see what gonna happen after august 1...I'm looking forward for positive outcome I hope it will result for proper assessment on the value of bitcoin

What will happen after august 1?
Probably nothing, back to normal until a next event in a few weeks or months. In the end, cryptoworld in not much different than the real life.

I don't what will cause it to drop like that, to $1 but people will be in a hurry to buy as much as they can,because Bitcoin can always bounce back
what will happen on August 1 will be for the good of the community as a whole, there was a price drop a week ago but if you check the price now it's coming back again and even growing so let's look at it positively.

The only thing that i believed that will happen after august 1 is the price of bitcoin will go the top of the moon because it is starting right now and going into the moon is not that hard for bitcoin and august 1 will be the biggest rocket fuel for the price of bitcoin. We just need to have patience in holding and let just see the awesomeness of bitcoin.

Doesn't the BIP91 lock in basically make the August 1st BIP148 a non-event now?

The price of bitcoin recently rose somewhat
I think the arrival of August 1st is a good thing

Today prove losses over weeks can erase in hours. But it is true it can go other way, you could easy see a drop of 50% in 24 hours if panics set in. That is the beauty of the crypto game  ;D

Well there's no doubt Bitcoin is headed for the moon and we hope it will grow further in value even after August 1, so that we will all profit from our investments. It's been coming and I pity those panic sellers who sold when it took a tumble about a week ago.

Well there are 2  current ways i think bitcoin might go after hard fork.

1. The price can grow super high and will probably break 3k super fast and Bitcoin will be constantly rising until to around 4K.
2. The hard fork doesn't go through, the price stays the same and more FUD gets spread. August one is forgotten
3. The hard fork ends in a fail, Bitcoin drastically drops to less than 2k.

Hope number 1 happens.

Think about something good after August 1 knows that bitcoin will have a more developed maturity, more people know and invest more, the price of bitcoin will also increase and the users Bitcoin will be beneficial.

Excited ?? Is that too soon? Currently, many people worry about that day. When this change is made, it is possible that  Bitcoin prices will fall which make people worried but also may Bitcoin prices will increase sharply when the number of blocks is expanded. So all the opinions in the present are probably too early

I do not know if Bitcoin will continue to exist after August 1 or not. But one thing is undeniable is that in the process of existence, it has changed the thinking and life of many people, including me. It is a pity if Bitcoin disappears. :( :( :( :( :(

Many speculation on august1 or after that, one thing is for sure I think bitcoin will still exists. As today bitcoin price become progressively increase its value. Though we cannot predict what might gonna happen if this split will be implemented and bitcoin price drops this will sadden the situation.

The hard fork is scheduled for October 2017, if I am not wrong. I read that the hard fork will occur three months after the BIP 91 gets activated. So if the activation happens by 22 July 2017, then the hard fork may be implemented by 22 October 2017.

nothing will happen after august 1st, bitcoin price will continue to appreciate, and more and more adoption will come.

No one really know about what is going to happen in August 1. But we can know for sure, it'll be bad, or it may become something good.
I just hope it won't be bad. Because you know, many people really worried about btc now. They're currently having the scariest nightmare, anticipating that btc price will drop and maybe, it'll be over.
Although i hope it won't happen because if yes, i'll be really sad and frustasted lol

Last week bitcoin price drops so much and many speculation had popped up that its because bitcoin holders got threatened by the splitting expected to be done on August 1, lots of people had either sell or pulled out their coins. But this week btc price starts to pump up again and still getting up each day. So whatever gonna haopen after aug 1 lets hope that it wont be bad.

Are you reading news? You must visit www.coindesk.com to keep updated, BIP 91 is probably successful which means segwit is still govern and locke in. Split is currently on hold and there is no maor event on August 1 because the tension is now freeze.

1 USD after August 1 was just a joke.... ;D

I hope BTC wont go too high because i still need to get in and invest my money. I want to buy 2-3 BTC soon so i need the price to drop as low as possible....

Yes you're right.Bitcoin is our future.Especially now that it reaches almost $3000.Wow that's really amazing.And i think bitcoin price will be even greater after august1st.I have no fears already for this coming august1st.I put all my trust to bitcoin as much others do.So there's nothing to worry because everything is controlled now.

The activation of segwit on bitcoin's network, it try to fixing scaling problem on bitcoin's network but the question is will it be succesfull, that is important question about what will happen after 1st August, because there are some people say it will be fail and the other people say it will be succesfull for bitcoins to be better in the future.

Yes, I've been saying the exact same thing. Obviously BIP91 is only the first step in the process, but it's a big step. And I don't see how bip148 has much relevance now.

The same thing that happens before August 1st the sun will rise the day will commence the day will finish and the sun will set. August 1st is not special in any way shape or form. It is a soft fork and it is a change in the software and it's not going to do anything other than possibly speed up the chain a little bit.

I do not exactly know what will happen
after august 1. But I think bitcoin will
continue to be successful after august 1.

So far everybody is optimistic the price is rising I thought it will go down to $1000 below because it was the indication in the last two weeks, but now it's bounce back and even keeps growing i expected it to pass the $3000 mark after August 1.

Not really sure what are you waiting for, maybe you did not look at the price or the news, the August 1st scaling drama is over, the price is just going to shoot up and up, already shot up 1000$ in one week alone and 3k is coming very soon. It's only upwards and upwards for Bitcoins, now it's getting into one of the best bull run ever, people buckle up we are going Mars to Jupiter. Op if you have brought coins sit tight and see them grow.

I am hoping that the bitcoin price will increase more. Well I am just hoping for that since no bitcoiners wants that the bitcoin price goes down again. Since that topic is almost issue for almost one month, I feel a little bit excited yet nervous and I don’t know why. Let’s just hope nothing bad happen.

“There will be a lot of possibilities that may happen in august 1”. I one hundred percent (100%) agree with you on this. That is why no one can really tell what will happen in August 1 and especially after August 1. I will just monitor bitcoin in August 1, so that I will be updated. Like you Nevis, I am hoping that whatever happens on that day, it will be for the best of everybody. Many people depends on bitcoin in these days, including you and me.

It will be august 2  :D
not a big big change.
I am new so i don't know what will happen.

Stop trying to make it more than it is stop asking questions about it it's not that far away just relax and let the coders take care of it. Nothing will happen to bitcoins and it will still be with us after Aug 1.

Uhm there are things that will change on August 1. It will possibly be not the same bitcoins by that time. Everybody needs to prepare, as there is really a great possibility that there would be a fork.

For people asking about it, check what theymos are saying at their official thread that's always advertise on top of the forums. https://bitcointalk.org/index.php?topic=2012799.0

BIP91 supersedes BIP148.  They are planning to implement Segwit2X, which is a hard fork, on Nov 1st.  However, if 100% of miners support Segwit2X, then there will not be a fork.  It is very unlikely to get an 100% consensus among the miners so a fork is very likely.

As they said that lightning network can be implemented on Segwit which can solve the transactions speed issue, then an increase in the block size is just a way for miners to get more money from the transaction fee in the short run.  I do not mind that the miners are getting more money, but a hard fork from a Segwit2X is very concerning. 

I believe thing will reach to an equilibrium or closed to equilibrium.  Even with block size increase and with Segwit implementation, it will still take 10 mins to process one block as the difficulty level will be adjusted to make it so.  In the beginning, if the mining becomes more profitable, more miners will join to make the mining pool and bring down the profitability.  So given this plus the potential Lightning Network implementation, I really do not know if Segwit2X is really necessary.