Bitcoin Forum

IT is WAR. Split again. BTC will crash

I think it will definitely split again. it will split two coin that will declare war on 1 August.

who will win after 1 August?

https://medium.com/@jimmysong/bitcoin-cash-what-you-need-to-know-c25df28995cf (https://medium.com/@jimmysong/bitcoin-cash-what-you-need-to-know-c25df28995cf)

http://www.trustnodes.com/2017/07/24/bitcoins-biggest-mining-pool-may-support-bitcoin-cash (http://www.trustnodes.com/2017/07/24/bitcoins-biggest-mining-pool-may-support-bitcoin-cash)



Should we invest BCC?

At the moment it's only a bet nobody can predict without luck. It could go in many possible ways, the only thing that provokes fear in ym mind is the chaos that will most likely happen when Bitcoin will be suspended from Coinbase, Poloniex and other huge websites that are trading it. I think most volatility will be seen during these first days of August because over 50% of the users will stop using Bitcoin while just a few will still spend it. Nobody knows what will happen, to be honest... You gotta be lucky to accurately predict it.

You're a troll.
Bitcoin will win after August first.
Bitcoin is unique and will always win.
Bitcoin is future of money : decentralized, transnational, universal.

Nobody know.

There are many things going on right now which ordinary Bitcoin holders have no power to participate with. It is as if we are getting to be powerless as the future of Bitcoin is being decided by a select few. This is something I do not like with Bitcoin as the power is being vested on a group of people who are only looking after their own business interests.

The possibility of a split is now cropping up with a group pushing for Bitcoin Cash  and they are getting prepared for a showdown come August 1. Whatever may happen on and after the said date we could only wish that Bitcoin will eventually come out unscathed and even more vigorous.

We are watching how this latest development can affect the volatility of Bitcoin. I am hoping that the market has already discounted this possibility and that it will eventually ignore this news.

Bitcoin will die again ?....  Not This Time (https://youtu.be/-hlN2nel5HI)

We could consider the ETC situation, where depending on the forces that be the BCC makes a comeback and hopefully not too political movement alongside it.

How you so sure that BTC Will split ? If you have any evidence do share with us. At the present what everyone can see is BIP91 activated and it will be the future of bitcoin in the form of softfork. The high price of bitcoin suggests the same and everyone is very positive about bitcoin on Aug 1 Event. So why are you spreading this FUD or if you think it is real come up with some links evidence.

BCC will, most likely, be popular in Asia, maybe even more successful than Ethereum Classic as a fork.

Don't dump your BCC coins immediately, you may make a pretty buck in the future.

someone wants cheap btc again ...

i missed 1600$ also (was on vacation) no reason to spread fud here based on nothing

shame on you

I'm already tired of reading such topics. Especially if there are no facts and official statements. I thought that I would see useful information here, but I saw only empty and groundless assumptions.
I think that August 1 will be good for bitcoins and the miners will agree among themselves

There is no possibility of a hard fork and everyone knows that. There's no need to be a guide on how to handle things. Only thing that you need to do is sit back relax and let the process take place.

This is so sad. Btc will split :(( the split will continue. Where should we store the bitcoin now? Or the bitcoin we invested from the past will be deleted? That's how i understand the following split. I don't really know what to do now. But lets just pray that this thing is only a fUd.

Split again? What do you mean "again"? Bitcoin hasn't split yet. If ever there would be a hardfork for BTCC, there will not be a crash most likely. Probably only a slight dip. And what war are you freakin talking about? This is maximum level of FUD.

Who are the official? There isn't any. Decentralise....

You are just spreading FUD.I don't know clearly what intension like you guys have always spreading negative news about bitcoins.Bitcoin has already recovered from its price fall and i think just now you have waken up.So you don't know the present situation.Just wake up into reality.

What interesting is bitcoin and bcc are two different coins, as there only 1 bitcoin which mean BCC is another altcoin.
"Is Bitcoin Cash different from ‘Bitcoin’?
Yes. Bitcoin Cash is the continuation of the Bitcoin project as peer-to-peer digital cash. It is a fork of the Bitcoin blockchain ledger, with upgraded consensus rules that allow it to grow and scale."
There are too many altcoins stated as peer-to-peer digital cash but none of those coins could surpass bitcoin.
People like and love bitcoin, it's always be the number one, first digital currency. Bitcoin will win the war such as happened before against bitcoin unlimited.

During the panic sell real hodlers will buy more btc

If if you are paranoid enough to believe that Bitcoin Cash or any other forked abomination will be successful for even 1 minute then go ahead, invest in it.
We never had a real fork with alternative coin mined before and Bitcoin Unlimited is not good example but I don't think that general users will follow buzzwrods and empty promises.
Anyway - stop worrying about it before it even happened. Wait for August 1st first see what will happen exactly.

BU failed, now they come with BCC. BCC fails because everyone sticks with Core, and in a year they'll try it again with BTC-SUPER.

It brings some FUD, but in the end, it is the community that decides the price of a coin. Not the devs, or miners. And the community is with Core. :)

Best time to stock up more coin before it rise to 3000+.

They have their own intentions and agenda that's why they are spreading FUD again. I'm expecting that once we are close on the Aug 1 date, more and more FUD will strike this forum that will cause panic for some. Its obviously, that he is a paid troll or something that's why he is spreading lies around this forum. Just ignore them, they will eventually be quiet once bitcoin price increased again after Aug 1.

There will be no war in August 1 since we can see that almost 70% of the miners have already signaled BIP91 and so we can expect that both core and bitmain will work hand in hand to implement BIP91. Though I am not 100% sure but I have a good feeling about this but if your prediction is right then we will expect another crash in bitcoins value. But I do believe that BIP91 will be implemented and bitcoins value will rise up to 4000$ by 3rd week of August. But to be safe just keep half of your bitcoins in your wallet and half of it convert it to dollars so you will only have half of the possible risk. If we dont make sure of our investment then we cannot make the risk lesser.

OP may actually be right. The price of Bitcoin reacted to something today. It's currently down at 2550 from 2789 it was yesterday.
I saw an article on a Bitcoin Site about Bitcoin Cash and Segwitx2. The owner of the site seems to be in favor of both.
Something weird is happening underground.  They are up to something. Everyone has to be very vigilant.

(1) win what?
(2) BTC has a twin brother called Litecoin, soon the third twin will come out
(3) decentralised? no! controlled by developers who can fork anytime and as often as they feels like; transnational? not yet; universal? you are an alien!

There may be something that is not right. The price just suddenly fall today in less than 12 hours. Looks to me there is someone behind the scene working to satisfy their own greed. I'm expecting that at least the price should hold around $2700 but the significant drop raise some alarm to me. And I think they are going to push for a split in Aug 1. Don't people really wants to destroy bitcoin for their own greed. I agree, we need to be vigilant and observant in this kind of situation. We don't know what will happen next.

Its not a split, BCC is simply an altcoin.

And you can follow it's awesome performance here: https://coinmarketcap.com/currencies/bitcoin-cash

I read on multiple sources the price could drop all the way to $2200. After Segwit has locked in, we'll go up again and leave Jihan and Roger with their new shitcoin and their new shitcoin will without doubt end up like BU, worthless.

It still behooves me why some people are leaning towards bitcoins cash, its value is nowhere near that of bitcoins, The should just dump it so that we remain a united front in this venture and get through this together or else the price is going to crash again and we will all lose money.

We are united, but there will always be traders that will try to make a quick buck out of it.

BCC's value is the same as BU's value, completely nothing.

everyone know who'll win the war. It's like you are wondering who will win between f16 planes and helicopters. Read the news, see the support results from segwit2, Do not just conclude everything from one side only. Of course no one knows what will happen in the future, but I believe bitcoin and most people in this group also believe in bitcoin, although there are inputs and discourses like this, we remain HODL and we also have our own reasons.

I believe that whatever happens on august 1, it will be a big break for bitcoin. Some says split in chain makes the price of bitcoin  to go higher and higher while others says its an opposite.

I wish I had enough money for that.
It seems good time to buy.

yes, please make sure that you (who think BTC will crash) sell all your bitcoins. because we don't want to share this valuable currency which is very limited with people with weak hands.

i will buy it gladly from you at a cheap price and enjoy having a bigger stake from this limited supply with growing demand currency.

Its hard to know, BCC looks promising but I have not seen enough traction as for now. Anyway in my opinion its not a problem to have another cryptocurrency, its ok.

Please check your facts.  BU never happened.   

This BitcoinABC split isn't that drastic. The two coins which will be created after fork on August 1st wouldn't be really competing with each other because BCC has very less support whereas Segwit supporter are 95%+ and thus, split could be easily ignored. Nothing gonna happen to Bitcoin. Price will keep on increasing.

I thought it was already voted that there will  be no split since voting were favored on not having having that event on August. If ever it will happen. It will still be on BTC side for it already gained the trust of it's user.

BTC is here now and BTC will be here after August 1st. The long term dedicated holders have seen many ups and downs. BTC will survive.

War? lol.

Such drama. I could not be happier with a process that is resolving on a solution that is a true consensus. This is exactly what is logical. Any change should be nearly impossible to implement.  Only when it is in everyones interest does a change happen. Scaling is an issue that concerns us all, these BIPs are solutions everyone can live with.
It's working!

Your view is mostly correct.

But what is when someone is bottlenecking these BIPS?

How is bitcoin cash already so high?

Which alt coin would be below 1-2$$?

I also hear all the alt coins are going to crash.

Will most of the people like you will panic? Just stay calm. They can't possibly throw away a perfect thing like Bitcoin.

It's not war, it's just an attempt organized by bitcoin haters who are dreaming about having a seperate bitcoin where they have full control on it.

Btc split successful or fail ,i think  it is not effect to price ,because btc always going up  .
when a new coin born , it always trade by bitcoin . push bitcoin price up.

there are BCC futures markets popping up. have you seen them yet?

https://themerkle.com/top-3-exchanges-confirming-support-for-bitcoin-cash-trading/

Bitcoin Cash was up to 900USD at one point. with BTC dropping down to 2,500 USD today the gap is getting smaller.

we will see what really happens. I can't guess at it and won't.

I think BCC is still a safe investment. It may not be the best short term turnaround but regardless of a split both forks will retain value. It will likely become more of a waiting game. So unless you are trying to pay rent with BCC profits, I wouldnt worry too much about a value slump...

Even further, we really do not know what August 1st will bring. Because their seems to be a consensus amongst miners on how to mine these coins properly, it may seem like a safer investment for more people. Maybe this whole "civil war" notion is a product of forum trolls and doesn't reflect reality.

Best thing to do is sit back and ride the wave. We will be alright and so will BCC.

I second that

What we see here is a typical low-level, low-quality FUD, and the OP is a pathetic fudster. The only thing which can kill Bitcoin now or in the near future is some fatal bug in the code to which it will soon be upgraded. As it appears now, even direct intervention from the cartel won't be able to seriously hurt Bitcoin. That's likely the reason they are not going to attack it unless they know something which we don't (e.g. existence of a severe bug in the SegWit code). In this way, Bitcoin Cash may be there just to test waters, i.e. it was not intended to gain any success right from its inception

900+2500=3400 wooooo

It looks like we will have 1 Bitcoin with the longest chain and 2 alt coins come November - BTC, UAHF BitcoinCash and hardforked SegWit2x. I am not sure who is going to have the longest chain and essentially win over the user base, the miner base and all the businesses. My guess would be between BTC and SegWit2x coin. Hopefully everything will be sorted out in favor of the users and not in favor of the miners and a couple of greedy whales. Better to buckle up because after August 1 the road is gonna be very bumpy. I hope the true Bitcoin for the users will survive.

BCC is slipping in value, no backing for it, one exchange essentially holds a monopoly on the trade of the token and so far there is very little interest across the entire community for something like Bitcoin cash.

BCC is trading at 17% of BTC value, not that it really matters all that much, and really it looked like a project that had a chance until time took its toll and people started to realize it will mean nothing and will just be another re-labeled altcoin that will have the same code as Bitcoin does now, just with a smaller userbase.

There will be no "war", it will be the slow descent of users who don't want to change trying to use something else and then either leaving or returning to Bitcoin as their alts die off.

A very gloomy picture you have drawn. I am a positive person so I believe that after August 1 there will be nothing. Miners have nowhere to go. Processing transactions can themselves users, and that will produce the miners? No I believe that there will be no split.

This has nothing to do with being a positive person or not. BTC can't continue in its current state and it will fork sooner or later. August 1 seems like the first phase already. Just drop the rose glasses and see the reality for what it is  8)

I'm a bit worried about this condition, the wave generated will not make bitcoin run normally for a while, bitcoin still has to be processed again in november and somehow and until when this wave will stable

Indeed, in the end the positive attitude of community becomes determinant of the choice of price movement, but separation of bitcoin system is inevitable, the market will depend on it.

According to me there is no reason for us to invest into BCC. It would end up in trash I believe because bitcoin being first of its kind has gotten bigger attention in the world. It has worked hard for so many years to take the place of king in the world of crypto currencies. The value and circulation of bitcoin will dominate the BCC and it will get zero response letting bitcoin finally win the war. You will see that yourself.

Yes 1 August will be the most bitcoin day in the world, maybe this will cause bitcoin prices will drop dramatically because there is a new cloning that will be a bitcoin competitor. But it will not last long after people realize that bitcoin is best.

yes the bitcoin price has become increased a lot that we can now earn more than double of our original bitcoin because the price of the coin is increasing as the time passes and I think it is the most or I should say it is a golden chance to buy bitcoin because the price of the bitcoin is low yet and many people can afford to buy bitcoin but after august first the price will be more than 3000$ so you should buy coins.

Agreed! This is a vain attempt by bitcoin detesters to destroy the reputation of bitcoins. These are those devils who want to rule the world. They hate the decentralized nature of bitcoins. But I strongly believe in bitcoins. No matter how hard these devils try to ruin bitcoins, they will end up badly disappointed. We all should keep supporting bitcoins in order to enjoy real freedom.

Any reasonable suggestions to exatcly reach and implement that freadom for real?